We invest in the stock market at our own risk hoping for some savings for future but the government tax us when we receive profit. Remember Modi govt introduced long term capital gain tax (10%) and short term capital gain tax (15%) back again in 2018. My money my investment at my risk. Still the govt grabs the share from your profits over and above 30% income tax and heavy indirect taxes (GST). I am not someone who is against the tax system. But when I pay 50% of income as tax (direct and indirect taxes) I expect the govt to protect me when I lose my job or when Someone from my family is in a medical emergency ( remember govt doesn't provide any medical insurance but tax 18% GST when I buy one ) or proper education.
The rich getting richer but when do the poor people becomes middle class , the 50 percent tax rate , not really worth it , see after day after day researching with my friends , finally undergoing risks investing the f*cking money we all saved without going trips or enjoying , we get this f*cking tax rate now , Its for development but I get nothing in return when my relative being a politican has more money than I am .............................................................................................................
Worst Finance Minister of India. Shame on this govt. This is not the government of the people, by the people and for the people. Salaried class is totally screwed up 😢
If Government can't attract taxpayers then all existing taxpayers are paying for it !! When will be salaried employees/Middle Class families move up if these schemes doesn't come up !!
Lol.. at 1:53:04,they are talking about it will be applicable by july 1st. Its now announced that the stt and capital gain are applicable from today. 😅 Govt ne mar li..
15:24 How about differences in salaries when comparing to developed countries. How can we ensure to bring more people under taxation bracket if we gonna exploit them with under pay. I think Minimum wages should be higher and correctly implemented. what are your thoughts?
0-3 = 0 Rs. tax 3-7 = 4lacs / 5% (20000 Rs. tax) 7-10 = 3lacs / 10% (30000 Rs. tax) and rebate u/s 87a ki hisab se Rs. 25000 can be subtracted So does it mean 7.5 lacs tak zero tax(due to rebate) plus 75000 ka SD matlab in total 8.25 lacs tak zero tax?
@@anirudhsasank but how? I mean as per the above calculations, upto 7.5 lacs, we won't have to pay any tax due to the rebate u/s 87a, right? and now that they have increased the SD to Rs. 75000, so this would also be added, in total 8.25 lacs? nahi? I might be wrong but It'd help If you could explain your point.
Aisa hi hota haijab jab aise logon ko finance minister Bama diya jaaye I Jisko finance ka f nhi pata.tax slabs mein koi bada change nhi hai.middle class phir bhi pisega
I really feel that this budget is a real betrayal for me and the people around me. Because of not just the CGT but also because of the reduction in customs for gold, which has halved the profits on SGB. Now we really know why did the government not issue any SGB in june. Also removing indexation benifit from real estate is very similar to inheritence tax in case I am looking to sell my ancestral home. WTF should I do. Only option is to move out of India. The government atleast could have done something to increase the taxable population. If I start abusing the current FM she will come out with all shit about patrotism and feminism. The reality is that this FM cannot make better ROI than an unprofessional investor like me that is why they need to increase the capital gains tax to eat in to the profits.
sir don't you think with the number of tax payers being proportionately less compared to the population of India , the tax payers are suffering as their chunk of tax is huge which would have been relieved if their were more tax payer . what's you say on this ?
I do not know much but hearing that per capita GDP of remaining 90% Indians are $78 is absured. Horrondous knowledge level. I do not follow the budget but think centre distribute 21% to state rather than 50%.
THE WAY IN WHICH SHE SPEAK THOUSANDS OF WORDS ABOUT HER ARROGANCE IGNORANCE AND WHIMS. HER SPEECH IS IRRITATING AND SHE HAS TO SPEAK IN A PARTICULAR MANNERS BECAUSE SHE DOES NOT SPEAK TRUTH.
How many of you guys think our goverment systems need a total revamp. I am based outside of India from last 7 years, in my eyes India has changed from its previous form as I was growing up.
We invest in the stock market at our own risk hoping for some savings for future but the government tax us when we receive profit. Remember Modi govt introduced long term capital gain tax (10%) and short term capital gain tax (15%) back again in 2018. My money my investment at my risk. Still the govt grabs the share from your profits over and above 30% income tax and heavy indirect taxes (GST). I am not someone who is against the tax system. But when I pay 50% of income as tax (direct and indirect taxes) I expect the govt to protect me when I lose my job or when Someone from my family is in a medical emergency ( remember govt doesn't provide any medical insurance but tax 18% GST when I buy one ) or proper education.
Well said, totally agree that the government must work to Indemnify the taxpayers. We live in hope, one day!!!!
totally agree . BJP govt has gone rogue . Corruption , increasing tax , price rise . They are a bane for middle class
The rich getting richer but when do the poor people becomes middle class , the 50 percent tax rate , not really worth it , see after day after day researching with my friends , finally undergoing risks investing the f*cking money we all saved without going trips or enjoying , we get this f*cking tax rate now , Its for development but I get nothing in return when my relative being a politican has more money than I am .............................................................................................................
The Reality
I liked it so much...this is simple and straight...so translated it to Hindi and Telugu...pls should understand this...Jai sri ram
Worst Finance Minister of India. Shame on this govt. This is not the government of the people, by the people and for the people. Salaried class is totally screwed up 😢
If Government can't afford pensions of soldiers then why there is pension for MPs and MLAs
What are you smoking ? Soldiers already gets OROP
What bs comparison is that? I get the hate for mp mla but bc kuch bhi bologe
Agreed bro
Middle class was expecting more tax cut but as usual the FM is not concerned
Last 11 years This FM has not thought of consumption economy.
Amazing session Sharan. I don't really follow the budget but you really simplified it for people like me.
If Government can't attract taxpayers then all existing taxpayers are paying for it !! When will be salaried employees/Middle Class families move up if these schemes doesn't come up !!
DISSAPOINTED ... really bad for Middle class yet again
2:02:45 - Standard deduction in New Regime was introduced only in 2023.
Problem with the audio is its Mono audio, that is if you hear through earphone, its audible only one side. Thats the issue for low sound.
2:20 start
Lol.. at 1:53:04,they are talking about it will be applicable by july 1st. Its now announced that the stt and capital gain are applicable from today. 😅
Govt ne mar li..
Focus on Middle class with 20% STCG and 12.5% LTGC.
Who are middle class?? Those who are earning over Rs. 10 lakhs per year???
@@sr2.044In Mumbai 10lakh is a middle class!
@@SadaguruPandit India is not only Mumbai
Why is this discussion repeating again? Is there a problem?
Highly Negative for stock market 😢
Please add details of who are the two guests
15:24 How about differences in salaries when comparing to developed countries. How can we ensure to bring more people under taxation bracket if we gonna exploit them with under pay. I think Minimum wages should be higher and correctly implemented. what are your thoughts?
Why can’t he say BCD is basic custom duty
0-3 = 0 Rs. tax
3-7 = 4lacs / 5% (20000 Rs. tax)
7-10 = 3lacs / 10% (30000 Rs. tax)
and rebate u/s 87a ki hisab se Rs. 25000 can be subtracted
So does it mean 7.5 lacs tak zero tax(due to rebate) plus 75000 ka SD matlab in total 8.25 lacs tak zero tax?
upto 8L.
You have to pay complete tax if income is above 7.75 lakh
@@anirudhsasank but how? I mean as per the above calculations, upto 7.5 lacs, we won't have to pay any tax due to the rebate u/s 87a, right?
and now that they have increased the SD to Rs. 75000, so this would also be added, in total 8.25 lacs? nahi? I might be wrong but It'd help If you could explain your point.
@@anirudhsasank what about 87A Deduction ?
@@habib_imyasin It'd help you could also explain why you think it should be 8L not 8.25L?
Aisa hi hota haijab jab aise logon ko finance minister Bama diya jaaye I
Jisko finance ka f nhi pata.tax slabs mein koi bada change nhi hai.middle class phir bhi pisega
No tax Hike for tobacco but for Ltcg & stcg hike 😢😢
Badiya hai choti gold ab mehangi ni hogi.
I really feel that this budget is a real betrayal for me and the people around me. Because of not just the CGT but also because of the reduction in customs for gold, which has halved the profits on SGB. Now we really know why did the government not issue any SGB in june. Also removing indexation benifit from real estate is very similar to inheritence tax in case I am looking to sell my ancestral home. WTF should I do. Only option is to move out of India. The government atleast could have done something to increase the taxable population. If I start abusing the current FM she will come out with all shit about patrotism and feminism.
The reality is that this FM cannot make better ROI than an unprofessional investor like me that is why they need to increase the capital gains tax to eat in to the profits.
Ancestral property bought before 2001 will have indexation. Take a sigh of relief there bro.
They should have increased the taxes to 50% actually.
Please suggest best funds to invest
sir don't you think with the number of tax payers being proportionately less compared to the population of India , the tax payers are suffering as their chunk of tax is huge which would have been relieved if their were more tax payer . what's you say on this ?
1:22:00
Yep👍
Budget acha hai kyonki bura bhi bol denge to konsa badal jayega
Govt certainly encouraging more and more citizens to leave India for greener pastures. Milk the middle class strategy!
So much uncertainty
Tax on Equity bought before July 2024 sold as long term capital gains ? 10 or 12.5
Nice
volume is less even at my max volume of s23 ultra
Audio Quality terrible.
Not happy as I will stay in old tax regime
I do not know much but hearing that per capita GDP of remaining 90% Indians are $78 is absured. Horrondous knowledge level. I do not follow the budget but think centre distribute 21% to state rather than 50%.
pl time stamp it topic wise
Margao Goa
Navi Mumbai
who here has thought ye benefit amount ka toh mai khana khaata hu?
Pune
Wrost budget
Where are those supporting partiesss😂
Hyderabad
Kisiko pata hai ki budget kab implement hota hai ?
New phone Lena tha
👍
15sec latency
Keep choosing stupid govt. And what you'll get is stupid budgets. Please change this govt. for good.
Disappointed
😊👍👍
hamare portfolio downho gye pura theela lal hai
No data nothing
The host looks clueless as the host of a cooking show. Not good 😂
THE WAY IN WHICH SHE SPEAK THOUSANDS OF WORDS ABOUT HER ARROGANCE IGNORANCE AND WHIMS. HER SPEECH IS IRRITATING AND SHE HAS TO SPEAK IN A PARTICULAR MANNERS BECAUSE SHE DOES NOT SPEAK TRUTH.
How many of you guys think our goverment systems need a total revamp. I am based outside of India from last 7 years, in my eyes India has changed from its previous form as I was growing up.
Loss of 30k+
😮
👎🏻shame,shame👎🏻
👍
👍