Government still think we can have a lunch in 50₹ (based on meal allowance for tax free income). 80C has not been revised since 2014 (9 years and counting). Taxation is not democratic. What Akshat Shrivastava and Naman Shrivastava are pointing out about the tax system is so true.
Angel Investor, Co-CEO, Global Governance Initiative | Ex-Government of India, United Nations
the illusion of democracy (in India) 1. Why do common citizens suffer when a Minister's Daughter gets married? 2. Why buying a house will ALWAYS remain a dream for many of us. 3. Why a salaried employee pays more taxes than daughter of Shahrukh Khan 4. Why marriages are the best way to save on taxes. 5. What if Bhagat Singh was India's First Prime Minister? (a story of India's Loot) And yet, we do not question - how our taxes are being utilized. A few points to ponder - as we decipher the rationales in this video #taxes #investing #democracy
nobody cares for middle class, as they are not vote banks. HRA limits, 80C, 80D, nothing have changed expect the rise in inflation + taxes.
VP, Software Development @ Backlight | Agile, Scrum, Web Apps | Ex-Adobe
1yNaman Shrivastava Awesome work, very well drafted and executed - Kudos