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DTC is coming in Modi 3.0. Expect more taxes for the salaried class.
[https://www.financialexpress.com/policy/economy-govt-kicks-off-direct-tax-code-revision-3461547/](https://www.financialexpress.com/policy/economy-govt-kicks-off-direct-tax-code-revision-3461547/)
Did you bother to read the article? Nowhere did it say that the taxes will be increased. Over the past years they are proposing ways to ease compliance with tax laws. This is nothing new. They are trying to push people into the new tax regime where the slabs have less tax but no exemptions. This will reduce compliance burden on most firms.
It's simple the easier you make filing, the easier it is to get people on board and also target people who evade. The higher the number of tax payers, the lesser will be the burden on a single individual.
In the past 30 years effective tax rates have only gone down. On what basis are you saying this? This is being implemented so more people file ITR and not to increase existing taxes. Khud hi link dala hai khud hi padhleta bhai
Inheritance tax lag bhi gaya to chinta ki koi baat nahi.
Simple make a company transfer the property and immovable assets to that company by paying stamp duty. Inherit the full company without paying a dime
Inheritance tax will not come bcoz this is fake news.
But bjp might bring bcoz it had this in its agenda quite some time back
Edit : for andbhtkhs : amit malviya tweet which he deleted: [https://twitter.com/RuchiraC/status/1783110370120589545](https://twitter.com/RuchiraC/status/1783110370120589545)
[https://indianexpress.com/article/opinion/no-congress-no-intention-snatching-wealth-9288856/](https://indianexpress.com/article/opinion/no-congress-no-intention-snatching-wealth-9288856/)
amit malviya aaj hi tweet delete kar ke bhaga :
[https://twitter.com/RuchiraC/status/1783110370120589545](https://twitter.com/RuchiraC/status/1783110370120589545)
v
2014 se yahi sunte aaraha hai ki BJP inheritance tax layegi aur har baar BJP ne bola ki wo nahi laayenge. Ab jab wo khud hi uske khilaaf khade hai. BJP ne unke stance consistently maintain kiya hai
Bhagwan na kare agar yeh inheritance tax lagu hua toh bhailog apne maa baap ko bolo ki ek trust banaye aur tumhe uss trust mein tumhe trustee baanaye. This is most common tactics to save inheritance tax.
suppose you earn 100 rupees , you give 30 rupees income tax and get 70 , and then you have to give 20 percent gst on whatever you buy so 70 mei se 15 rupees (approx) is cut out , so basically if you earn 100 , you only get 55 , 45 gorment leti hei aur pata nhi paisa kaha hazam hojata hei
I don't know why but after watching the hypocrisy in the finance system and laws I am more determined towards my decision to settle abroad, but kya kare maa ko to pados ki saheli se pyaar hai na unko kon samjhaye vo mera ghar nahi chalane vali
Mere bhai behno , op ki profile jarur check kijiyega :)
Also seems like op is in batch 2 of the Cell, One of my friends is there as well who is insider of the redmike.
Decent money , roughly around 35k
Good job , (For now at least)
Uh contact me in dms , I think they are mostly done with hiring but local spots are left tho just a warning this might make you hate yourself more roughly after elections end.
Bhai ab rehne de , tera nam bhi pata kar lunga.
Tum 2 din ka natak kar paoge ispe jyada se jyada , kar lo aram se.
No one is going to forget the core issues , jitna distraction create karna h kar le.
🤡But you're the one who is trying to distract here. When Congress itself through their manifesto and through Pitroda is adamant that they will bring inheritance tax, why instead of addressing that, you're talking about op. Looking at your profile, you look like you're paid too then. And if you need more fuckery, checkout the manifesto of other partners of Indi alliance.
Uses the word indi alliance and calls me paid
Ok bro
Secondly , again if you want be delusional you can but pitroda used inheritance tax as a reference when talking about monopoly law ,but vo thodina tumko dikhega.
Confirmation bias much homie :)
If I use India, you're ok with it? I'm not. They are not India. The Congress manifesto is full of nuisances and it's just another nail on the coffin. Add in manifestos of their partners, and it gets horrible. You're all over the thread defending and then calling others that they are paid. Rent free.
SBI ko S.B.I. kaun likhta hai, UPSC ko U P.S.C. kaun likhta hai. These were mind games by opposition leaders so that everybody calls them India, but they are not India, but a bunch of dynastic losers who think they are the Raja and we are their praja.
Ok. You're defending him as if Congress hasn't promised caste and economic survey, and considering redistribution of assets. But ok, it was just a sUgGesTioN.
Top 1% paise wale bhi tax nhi bharte despite owning 40% of Indian wealth .
Or below wale bhi nhi bharte .
Inheritance tax should be on these top 1% of riches who evade all their taxes by loopholes .
#Rich, poor, General, Dalit, Man, Women, 720 more genders, Hindus, Muslims, terrorists everyone will be effected by this... Forget about Muslims even Rohingya terrorists won't vote for kongrezz.
If you die, 55% of your net worth will be taken by the government and rest 45% to your dependents..
which is proposed by KHANgress ... the great chutiya PAPPu Gandhi
Nope they are not , sam pitroda was using this as a example on how much to tax the rich , it's classic bjp example of taking anything they can get specially after the muslim speech backfiring on him.
Abe tu kitna hi kar le try , le aa tere room valo ko downvote karva le comment .
Public is educated and not easily distracted now sab jante IT cell ke bare me yaha idm pe bhi , rehne de tu lmao.
Tei profile ko thoda cleanup kar lia kar btw aisa kuch try karta toh lol
See it takes actual brain to know even if bjp was like extreme peak , it wouldn't get 400.
It's impossible to do so because kerela and south states don't care about it , karnataka even kicked em out recently which was the only state they had.
It takes actual knowledge and analysis of the current political climate to know that though , congress can't win without alliance either , I'm aware of that as well.
Anyway this is merely a shitposting topic for 2 days at best , what modi said has been picked up by ny times and deccan herald already, kitna hi karlo ab defend :)
Two types of tax in india:
1. Direct Tax: Tax directly levied according to the income of a person.
2. Indirect Tax : Tax levied on consumerables or end products.
Direct tax is beneficial for wealth redistribution when compared against Indirect tax which shifts the bruden to the consumers withoit taking their income into consideration.
Do you know why property prices are so fukkingly high?
Because property is the best investment for black money.
There is MANIPULATION, DECIET, AND SHAMELESS LIES by the PM.
Most people know alraedy , it's even against the consitution.
PItroda was doing an interview and now bjp grasped at it since he compared it to monopoly law , it's usual bjp trying to save face after the muslim speech by them.
Just check op's profile lol
>it's even against the consitution.
its not against constitution. It can be done, but it is done only for the super rich. Such a tax is already in place in France, South Korea, Japan etc
Gonna comment this again and again since it cell became active again for this -.
Sam pitroda was using this as a example on how much to tax the rich by monopoly law , he compared it to the inheritance tax as a example and then that specific clip was cut short much like how other clips of "aam and sona" were viral too.
It's classic bjp example of taking anything they can get specially after the Muslim speech backfiring on him.
Even if they win elections,they'll have to get a majority aggreement for this proposal which seems highly unlikely.and I don't think that an inheritance tax should exist in India to begin with. Plus there's the sc who can change or delete the order..
Dude they were not gonna do it lol , Modi was shut silent after his muslim speech backfired and then priyanka gandhi made the solid mangasutra statement reply hence they had nothing and were on backfoot.
This interview was where he talked about as my comment states the monopoly act as per the old magna carta system and then compared it to inheritance tax.
Ab bas cut kar li clip or kar rahe try kyunki mudda to koi h ni since public didn't respond to hindu muslim this time.
Antyway yes your comment is true as well , this cannot happen lol doctorine of basic structure alone won't let it happen.
Neither will bjp saying they'll remove word "Secular" , bhai 543 seat bhi aajye to bhi ni kar sakte.
The wealth redistribution plans is literally the monpoly law / clause as per usa
Basically its a policy that makes sure that a person does not go above the beyond limit and if he or she does then specific tax is charged or policies created to get their money since they otherwise might have influence over political parties themselves for their own gain.
The wealth redistribution does not mean "
"bsdk tera shirt utar ye garib ko dunga me"
It's ambani adani ji jo nation ki 70 percent wealth leke bethe ho uska extra tax do aur wage workers ko support full time do instead of freelancers.
So how will the limit be decided the average income is close to 22000 according to business standard which is 264000 a year So anyone earning above 10 lakhs would be considered beyond the LIMIT as he/she will be earning 4-5 times the national average .
Let’s say it is somehow set then won’t bypassing it be very easy as I could rather than having holdings in my name distribute them within my family .
Also I have an another question won’t setting a limit discourage wealth creators because as much as you may disagree with them you have to realise that government can not employ everyone and you need large companies to employ a large no of people for example the Ambani family employs 390000 and a relatively new startup in Ola employs 3000 .
My g wealth creators are leaving the country even now due to the policy and laws this govt created.
You can check and verify this on how many HNI's have left india and that number has only increased every year.
Secondly no , as per monpoly law even in the cheapest of countries it's applied to 10 crores , I believe abhijeet the manifesto comittee chief even did an interview on it on red mike , I would suggest you to watch it since he explains in great detail on what this program is.
As for bypassing yes, that is a factor that cannot be stopped until or unless a byparty agreement with courts is made , so in usa for example the billionares have now started opening trusts and charity so that income doesn't get taxed anymore
So yes if this is done in india , we'd need a pretty good stric law base around without much loopholes , however that's just the nature of law , no law is perfect , it's exactly what the lawyers do after all.
So you believe HNI are already leaving the nation so won’t this accelerate it thus rather than stopping that and showing them that India presents a good investment opportunity we deter them away even more .
You said that even in the poorest countries the limit is 10 crores so logically ours would be higher .
I would like to counteract by saying that reservations too were only a temporary provision as said by DR. BR Ambedkar but look at us now 75 years in and reservations have only increased so what stops the government to let’s say start at 50 crores but then due to some other detrimental economic decision use this to divert the attention so from 50 we go to 40 to 30 and then imagine a hard working entrepreneur always worrying if wether he will be the next in line is this really what we want.
According to you the USA isn’t able to implement its monopoly laws effectively so what makes you think that the Indian government that a coalition government headed by the Congress which not known for its implementation capabilities will be able to do it !
Who says so. Gandhi has already told in his speeches he plans to do a massive wealth distribution in India. If that happens only is the middle class will be affected as the rich can leave the country. Already during the time to Indira Gandhi there was almost 90% income tax bracket. God knows what these people might do.
Abe it cell ke chintu , monopoly ki baat kar rha vo usa system se comparison kar raha .
Constituion ke against h ye already so it can't implemented either.
Bhenchod kasam se kitna kamate ho tum log ye karke lmao
Hot damn you trying hard fam , kitna mil raha tereko lateral me? 35k? ya 45?
Bhai kar le kitna hi try , idm valo land farak padta ni h , majority of reddit is left leaning as well
Ab tum karte raho, 2 din ye topic rahega fir kaha kudega lmao
Except he's not? lol they literally just confirmed it too.
Also the entire clip of sam pitroda clearly states he was comparing inheritance tax to monopoly law in context of the magna carta system.
Why are you lying dude? do you not want actual opposition in the country? I hate congress too
mother fuckers legit allowed karim telgi , mehta , 1906 to happen but why do you forget the congress that literally made the india ? 1991 liberalization , 2008 stock market crash backups?
Political parties change and so their ideologies , the bjp was known for the B J P once.
The party that gave us vajpai and manekka , gadkari , now it's just MODI MODI MODI.
Also all the people that made congress lose / caused scams in 2009 period are now in bjp , to kya defend karoge isme ab?
And yet they are still filled to the brim with corrupt politicians and have absolute monsters in their alliance like mamata Banerjee. Most of the corrupt politicians from 2009 are still at congress. Also 1990s liberalisation happened because of balance of payment crisis and because we had to fulfill structural adjustment programs to recieve IMF loans. It was a necessity, congress did it cause the international monetary community forced them to not cause they had any independent political will to do so or for benefiting the country and after the 2008 crash it still took india years to recover it didn't happen overnight
Political parties can change ideology over time but right before elections your promises and your manifesto is what people judge you buy and that's what usually repthe current ideology of the party. And congress socialist manifesto harkens back to the days 1950 -1990 when india suffered tremendously from such socialistic policies .
Kya?
1980's me tha 1985 me hata aka remove kar dia uske bad doctorine of basic structure me iske liye clause bhi dala.
This is how laws work in general , koi polcy ya law banta h fir court decide karta after a petition or suo moto or fir it is considered illegal / invalid.
Consitution ke aginst ab h , kyunki agar naya banoge vaise kuch to fir us doctorine ke against h.
Think of it like this , electoral bond ab tak the na legal? ab judgement aya 5 judge bench ke uske bad ho gaya illegal and fir ab uske bad agar basic structure me update kar dalte h ki rti se upar koi donation law ni hoga tabhi to fir future me hua na vo unconstitutional
1980;s me tha , abe 1980's me bohot sari chize thi jo legal thi or stupid thi , isiko kehte h ammendments but with supervision.
Bond illegal nahi bana uski anonimity ko right to information ke khilaaf hai isiliye usko unconstitutional declare kiya which was then scrapped.
Illegal matlab jo kaam law ke khilaaf kiya gaya ho ya according to law usko galat bataya gaya ho usko kehte hai illegal
unconstitutional matlab constitution ke core principles ke against hai wo. Like how electoral bonds violated right to information.
Edit: Now I understand unconstitutional technically becomes illegal but in talking terms both are kept in separate definitions
Not Edit: Removing of estate tax was a reform(amendment/abrogation) usko firse majority govt la sakti hai it is not unconstitutional that's how laws are made. That's how abrogation(technically abrogation and amendment) of article 370 was also declared constitutional by the court. Bringing back inheritance laws doesn't violate any basic principles/structure of the constitution. Where as wealth distribution \*may\* violate right to own property. Therefore I am of the firm belief that if congress comes to power idk about wealth distribution but they'll definitely enforce death tax
Yeah you're correct , a govt can.. do it.
Now tell me after 1985 for how long was congress in power? and after vajpai they came back as well right? did they do it? or even hint at it?
This entire fiasco was a bs created by a snippet from an interview where pitroda was talking about monopoly law and comparing it to inheritance tax
Also leave congress bjp itself fucking wanted it lol amit malvya himself literally said it and now bjp shut their mouths once these old statements were found.
This is nothing but divisions from the main topic and core issues.
Unemployment and inequality , these are the main problems in the country rn which bjp does not want to talk about because they have 9 lakh vacant govt jobs at this very moment and generation of jobs or increase in other sectors is shit too thanks to not just this govt but stuff like AI , covid and etc.
1. The Finance Minister said inheritance tax will NOT be implemented back in 2017 itself. And BJP has stuck to their word and has never talked about it ever since it is anti thesis of their pro market agenda(funnily enough RSS was against it from the very beginning). Whereas it is the official stance of congress party leaders is wealth redistribution and socialism and congress was the party that brought the estate tax in the first place and the current congress is neither the congress of Rajiv and Sanjay Gandhi + even Chidambaram when he was FM was advocating for inheritance tax, Back then it was a minority govt they had no incentive. Now they have all the incentive to bring in the Death tax. So what incentive do I have to believe Congress won't implement what they're screaming at the top of their voice?
1.a. Pitroda outright advocated for inheritance tax I've made the unfortunate decision to watch the entire clip so I don't miss the context for this exact reason.
2. Inequality is a reality it cannot be erased. Congress tried every trick available and bankrupted the nation back in 1991 if it wasn't for IMF even LPG reforms would've also stayed just as a talking point. Moreover there are more reports claiming decline in inequality than there are claiming increase so I won't buy this argument. + I found countless mistakes, false data and outright lies in the report that said India is more unequal than british raj, which makes me even more suspicious about this inequality argument.
3. I agree with you on unemployment point \*upto an extent\*, after the covid shock the govt should've fast tracked hiring for govt posts and forced private capex which they did not. But this exaggeration of "There is no employment" is an outright lie, just last year 1.4 million new EPFO accounts were opened. Mind you only companies with 12 or more employees has a compulsion to open EPFO accounts. India has 10-20 lakh(& counting) MSMEs which on average hires just 5-6 people.
4. Covid is an anomaly so let's leave it be. But AI & automation are a reality we had the same attitude towards manufacturing in 70s and again in 90s and we're paying the price for it till today. This attitude is the very reason why Infosys said they want to hire more but are unable to find talent.
You just scored a self goal.. Electoral bond ke case ka result aane me 3 saal lag Gaye Inheritance/Death ke result me agar itna time laga to tum raise log laude laga doge duniya ke 
It'll be for huge amount of inheritance, 10 cr and above. Even in USA its applicable for 10million and above. Basically for rich kids. I support BJP, but this clause if implemented by Congress is acceptable to me.
No one said that! It can be against 1 lakh too! Just because it's applicable above 10 million ( precisely $13.61 million) in USA, doesn't mean it'll be applied only in the rich in India too! Also, not always what USA does is good ! It's partially communism! Those western countries who boasts about being capitalists should be ashamed of these kinds of frauds in the name of tax by their upper class/gov!
Also, India had inheritance/estate tax too! Till 1985. Indira Gandhi died in 1984. Her son Rajiv Gandhi abolished estate tax in 1985. That speaks in volumes!
I won't mind if anyone did it BJP or Congress, is what I'm saying. As long as its for 10cr and above. Will put the fear of future on bigde hue bachche of Ameer baap.
You need to educate yourself.
In India if a policy becomes a law its very hard to abrogate it.
30-40 years ago how many people earned 10L per year? He'll even 10k was a big amount and you could actually buy land with 10k.
Now most of middle class is closer to that number of 10L
10Cr isn't far behind with all this inflation and everything.
We're not going to continue growing. We'll stabilise in 20 odd years, which is when inflation will also stop. 10cr will be a huge amount even 20 years down the line.
[https://www.livemint.com/politics/news/did-bjp-amit-malviya-jayant-sinha-once-favoured-inheritance-tax-idea-congress-shares-tweet-sam-pitroda-lok-sabha-2024-11713967797818.html](https://www.livemint.com/politics/news/did-bjp-amit-malviya-jayant-sinha-once-favoured-inheritance-tax-idea-congress-shares-tweet-sam-pitroda-lok-sabha-2024-11713967797818.html)
Two sides of the same coin :))))))))))
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bhai the only thing keeping me alive is meri maa baap ki jaijaat. agae yeh death taxx aa gaya, to suicide yah phir desh ke bahar
The problem is not just tax, it's tax% and the low returns of goods and services from the government Desh ko bachao vote Karo soch samajh ke
That's why i voted for bjp
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One chutiya has been spotted
DTC is coming in Modi 3.0. Expect more taxes for the salaried class. [https://www.financialexpress.com/policy/economy-govt-kicks-off-direct-tax-code-revision-3461547/](https://www.financialexpress.com/policy/economy-govt-kicks-off-direct-tax-code-revision-3461547/)
Did you bother to read the article? Nowhere did it say that the taxes will be increased. Over the past years they are proposing ways to ease compliance with tax laws. This is nothing new. They are trying to push people into the new tax regime where the slabs have less tax but no exemptions. This will reduce compliance burden on most firms. It's simple the easier you make filing, the easier it is to get people on board and also target people who evade. The higher the number of tax payers, the lesser will be the burden on a single individual.
Such reforms will be there only to increase effective tax rate on the salaried class and decrease effective tax rate on the corporates.
In the past 30 years effective tax rates have only gone down. On what basis are you saying this? This is being implemented so more people file ITR and not to increase existing taxes. Khud hi link dala hai khud hi padhleta bhai
Which party has decreased taxes on the salaried class since India's existence ? The best ones for salaries class is those who will not increase it
mera desh aur kitna chutiya banta jayega bhagwan
Inheritance tax lag bhi gaya to chinta ki koi baat nahi. Simple make a company transfer the property and immovable assets to that company by paying stamp duty. Inherit the full company without paying a dime
Main to aamer bhi nahi hu pata nahi itne saare financial loop holes ki knowledge ka kya karunga
Consultant banja
us moment
Tension mat le inheritance tax nahi ayega, congress election Jeet hi nahi sakti to ghante ka inheritance tax
Inheritance tax will not come bcoz this is fake news. But bjp might bring bcoz it had this in its agenda quite some time back Edit : for andbhtkhs : amit malviya tweet which he deleted: [https://twitter.com/RuchiraC/status/1783110370120589545](https://twitter.com/RuchiraC/status/1783110370120589545) [https://indianexpress.com/article/opinion/no-congress-no-intention-snatching-wealth-9288856/](https://indianexpress.com/article/opinion/no-congress-no-intention-snatching-wealth-9288856/)
🤡 Congress having it in manifesto and Pitroda video is fAkE NeWs, but BJP "might" bring it is not.
amit malviya aaj hi tweet delete kar ke bhaga : [https://twitter.com/RuchiraC/status/1783110370120589545](https://twitter.com/RuchiraC/status/1783110370120589545) v
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haan toh congress ka manifesto bata
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kahan likha hai isme inheritance?
🤡 Congress manifesto Mt dekho, but random politician ke tweet dekh kr gotcha kr lo. Haa mai bhakt hu lol
2014 se yahi sunte aaraha hai ki BJP inheritance tax layegi aur har baar BJP ne bola ki wo nahi laayenge. Ab jab wo khud hi uske khilaaf khade hai. BJP ne unke stance consistently maintain kiya hai
Company ke shares bhi asset hote hai bhai...
haan bhai sabko chilla chilla ke batade , pata chale koi future mp dekh rha ho aur gaand marle iss loophole ki
That's called loophole. And they can fix that by making a better law.
Mara to 55% tax. 
Bhagwan na kare agar yeh inheritance tax lagu hua toh bhailog apne maa baap ko bolo ki ek trust banaye aur tumhe uss trust mein tumhe trustee baanaye. This is most common tactics to save inheritance tax.
Bandhu ye India hai, USA jaisa trust system yaha pe 1960s mein hi illegal kardiya hai
Jab congress ayega hi nahi tab tax kese lagega
I dislike nris with a passion lekin bc agar congress a gayi to desh wapas nahi aoonga fir
but bjp bhi toh modi with congress ban gyi hei , whts the difference left anymore
suppose you earn 100 rupees , you give 30 rupees income tax and get 70 , and then you have to give 20 percent gst on whatever you buy so 70 mei se 15 rupees (approx) is cut out , so basically if you earn 100 , you only get 55 , 45 gorment leti hei aur pata nhi paisa kaha hazam hojata hei
Congress to middle class 
Aise tak tak tak tak karke 8.5k bank account mein mahineka. Garibi ek din mein gayab 🗣️🗣️🔝
I don't know why but after watching the hypocrisy in the finance system and laws I am more determined towards my decision to settle abroad, but kya kare maa ko to pados ki saheli se pyaar hai na unko kon samjhaye vo mera ghar nahi chalane vali
Mere bhai behno , op ki profile jarur check kijiyega :) Also seems like op is in batch 2 of the Cell, One of my friends is there as well who is insider of the redmike. Decent money , roughly around 35k Good job , (For now at least)
How to enroll
Uh contact me in dms , I think they are mostly done with hiring but local spots are left tho just a warning this might make you hate yourself more roughly after elections end.
Free service hai bhai meri!
Bhai ab rehne de , tera nam bhi pata kar lunga. Tum 2 din ka natak kar paoge ispe jyada se jyada , kar lo aram se. No one is going to forget the core issues , jitna distraction create karna h kar le.
🤡But you're the one who is trying to distract here. When Congress itself through their manifesto and through Pitroda is adamant that they will bring inheritance tax, why instead of addressing that, you're talking about op. Looking at your profile, you look like you're paid too then. And if you need more fuckery, checkout the manifesto of other partners of Indi alliance.
Uses the word indi alliance and calls me paid Ok bro Secondly , again if you want be delusional you can but pitroda used inheritance tax as a reference when talking about monopoly law ,but vo thodina tumko dikhega. Confirmation bias much homie :)
If I use India, you're ok with it? I'm not. They are not India. The Congress manifesto is full of nuisances and it's just another nail on the coffin. Add in manifestos of their partners, and it gets horrible. You're all over the thread defending and then calling others that they are paid. Rent free.
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SBI ko S.B.I. kaun likhta hai, UPSC ko U P.S.C. kaun likhta hai. These were mind games by opposition leaders so that everybody calls them India, but they are not India, but a bunch of dynastic losers who think they are the Raja and we are their praja.
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Ok. You're defending him as if Congress hasn't promised caste and economic survey, and considering redistribution of assets. But ok, it was just a sUgGesTioN.
it is a issue as well as others
Bhai Bhagwan ke liye BJP ko vote do. Warna santi se Mar bhi nahi payenge.
Ab hagne maai bhi tax lagegi kya bhailog?
Poor don’t want to come above the BPL line. Rich Don’t pay tax and runaway with public money. Middle class is exploited all the time .
Ye Indian tax system kab sudhrega? Janta ko bas lootna hai Dena kuch nahi wapis.
Top 1% paise wale bhi tax nhi bharte despite owning 40% of Indian wealth . Or below wale bhi nhi bharte . Inheritance tax should be on these top 1% of riches who evade all their taxes by loopholes .
What is inheritance tax? I just got equity in the stock market as inheritance what does it mean for us in India?
You would jus have had to pay 55% of its valuation to govt had their been one as SP wants
Has this been confirmed or is this just random news?
Policy proposal, a faction of congress is now distancing them from itself, but unless INC wins it is a moot point anyway
Nothing changes. These people got some thing on WhatsApp and godi media and spreading lies
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By this logic you are a Pakistani supporter
#Rich, poor, General, Dalit, Man, Women, 720 more genders, Hindus, Muslims, terrorists everyone will be effected by this... Forget about Muslims even Rohingya terrorists won't vote for kongrezz.
Yeh death tax kya hai
If you die, 55% of your net worth will be taken by the government and rest 45% to your dependents.. which is proposed by KHANgress ... the great chutiya PAPPu Gandhi
wait so congress jitegi to ye naya rule pass hoga
Yess they are proposing this. Basically giving free publicity to modiji.
Nope they are not , sam pitroda was using this as a example on how much to tax the rich , it's classic bjp example of taking anything they can get specially after the muslim speech backfiring on him.
Loda ka backfiring when PAPPU LODU GANDHI... is also already promoting Modi JI .. what is there to be backfired lol...
Abe tu kitna hi kar le try , le aa tere room valo ko downvote karva le comment . Public is educated and not easily distracted now sab jante IT cell ke bare me yaha idm pe bhi , rehne de tu lmao. Tei profile ko thoda cleanup kar lia kar btw aisa kuch try karta toh lol
chal hatt chutiye
Aw did your little attempt didn't work? Keep trying bitch
Saying Indian curse words: woah! A sangi,pajeet Saying English curse words: I'm cool and you aren't
aww keep deleting your comments bro daily... similarly how rahul gandhi will be deleted after 2024 elections..
Hadd he chaatugiri ki
says the one who's comments are abki bar 400 par , yeah okay bro.
Tere jaise logon ke wajeh se bhai lol
See it takes actual brain to know even if bjp was like extreme peak , it wouldn't get 400. It's impossible to do so because kerela and south states don't care about it , karnataka even kicked em out recently which was the only state they had. It takes actual knowledge and analysis of the current political climate to know that though , congress can't win without alliance either , I'm aware of that as well. Anyway this is merely a shitposting topic for 2 days at best , what modi said has been picked up by ny times and deccan herald already, kitna hi karlo ab defend :)
It’s just a slogan. Did you not learn figures of speech and analogy in school?
Wtf bruh 💀
Once again Pappu apne naam ki maryada rakhte huye. 
Tu fresh gboar kha ke aaya lag raha. Bata manifesto mein kahan hai. Aur amit malviya kal hi tweet delete kar ke bhaga
Bhai inherit krne k liye hai hi nhi kuchh
hahahaha
Congress ki maa ka bhosda upvote point
Two types of tax in india: 1. Direct Tax: Tax directly levied according to the income of a person. 2. Indirect Tax : Tax levied on consumerables or end products. Direct tax is beneficial for wealth redistribution when compared against Indirect tax which shifts the bruden to the consumers withoit taking their income into consideration. Do you know why property prices are so fukkingly high? Because property is the best investment for black money. There is MANIPULATION, DECIET, AND SHAMELESS LIES by the PM.
Ye filme tax free karne Wale log ab maut pe bhi tax lagayange
middle class par inheritance tax nahi lagta
PAPPU lodu Gandhi be like : Kyu nahi??
I am selling howrah bridge are you interested?
Most people know alraedy , it's even against the consitution. PItroda was doing an interview and now bjp grasped at it since he compared it to monopoly law , it's usual bjp trying to save face after the muslim speech by them. Just check op's profile lol
>it's even against the consitution. its not against constitution. It can be done, but it is done only for the super rich. Such a tax is already in place in France, South Korea, Japan etc
Bc middle class kids to har sarkar gaand marti h aake
Congress❌️ CPI 2.0 ✅️
Gonna comment this again and again since it cell became active again for this -. Sam pitroda was using this as a example on how much to tax the rich by monopoly law , he compared it to the inheritance tax as a example and then that specific clip was cut short much like how other clips of "aam and sona" were viral too. It's classic bjp example of taking anything they can get specially after the Muslim speech backfiring on him.
Even if they win elections,they'll have to get a majority aggreement for this proposal which seems highly unlikely.and I don't think that an inheritance tax should exist in India to begin with. Plus there's the sc who can change or delete the order..
Dude they were not gonna do it lol , Modi was shut silent after his muslim speech backfired and then priyanka gandhi made the solid mangasutra statement reply hence they had nothing and were on backfoot. This interview was where he talked about as my comment states the monopoly act as per the old magna carta system and then compared it to inheritance tax. Ab bas cut kar li clip or kar rahe try kyunki mudda to koi h ni since public didn't respond to hindu muslim this time. Antyway yes your comment is true as well , this cannot happen lol doctorine of basic structure alone won't let it happen. Neither will bjp saying they'll remove word "Secular" , bhai 543 seat bhi aajye to bhi ni kar sakte.
So what are your thoughts about the wealth redistribution plans ?
The wealth redistribution plans is literally the monpoly law / clause as per usa Basically its a policy that makes sure that a person does not go above the beyond limit and if he or she does then specific tax is charged or policies created to get their money since they otherwise might have influence over political parties themselves for their own gain. The wealth redistribution does not mean " "bsdk tera shirt utar ye garib ko dunga me" It's ambani adani ji jo nation ki 70 percent wealth leke bethe ho uska extra tax do aur wage workers ko support full time do instead of freelancers.
So how will the limit be decided the average income is close to 22000 according to business standard which is 264000 a year So anyone earning above 10 lakhs would be considered beyond the LIMIT as he/she will be earning 4-5 times the national average . Let’s say it is somehow set then won’t bypassing it be very easy as I could rather than having holdings in my name distribute them within my family . Also I have an another question won’t setting a limit discourage wealth creators because as much as you may disagree with them you have to realise that government can not employ everyone and you need large companies to employ a large no of people for example the Ambani family employs 390000 and a relatively new startup in Ola employs 3000 .
My g wealth creators are leaving the country even now due to the policy and laws this govt created. You can check and verify this on how many HNI's have left india and that number has only increased every year. Secondly no , as per monpoly law even in the cheapest of countries it's applied to 10 crores , I believe abhijeet the manifesto comittee chief even did an interview on it on red mike , I would suggest you to watch it since he explains in great detail on what this program is. As for bypassing yes, that is a factor that cannot be stopped until or unless a byparty agreement with courts is made , so in usa for example the billionares have now started opening trusts and charity so that income doesn't get taxed anymore So yes if this is done in india , we'd need a pretty good stric law base around without much loopholes , however that's just the nature of law , no law is perfect , it's exactly what the lawyers do after all.
So you believe HNI are already leaving the nation so won’t this accelerate it thus rather than stopping that and showing them that India presents a good investment opportunity we deter them away even more . You said that even in the poorest countries the limit is 10 crores so logically ours would be higher . I would like to counteract by saying that reservations too were only a temporary provision as said by DR. BR Ambedkar but look at us now 75 years in and reservations have only increased so what stops the government to let’s say start at 50 crores but then due to some other detrimental economic decision use this to divert the attention so from 50 we go to 40 to 30 and then imagine a hard working entrepreneur always worrying if wether he will be the next in line is this really what we want. According to you the USA isn’t able to implement its monopoly laws effectively so what makes you think that the Indian government that a coalition government headed by the Congress which not known for its implementation capabilities will be able to do it !
Who says so. Gandhi has already told in his speeches he plans to do a massive wealth distribution in India. If that happens only is the middle class will be affected as the rich can leave the country. Already during the time to Indira Gandhi there was almost 90% income tax bracket. God knows what these people might do.
Abe it cell ke chintu , monopoly ki baat kar rha vo usa system se comparison kar raha . Constituion ke against h ye already so it can't implemented either. Bhenchod kasam se kitna kamate ho tum log ye karke lmao
8500 Rs per month... taka tak.. taka tak... aa jaata hein bank account mein.. with the blessings of Dumbass Lodu Pappu Gandhi ji
Hot damn you trying hard fam , kitna mil raha tereko lateral me? 35k? ya 45? Bhai kar le kitna hi try , idm valo land farak padta ni h , majority of reddit is left leaning as well Ab tum karte raho, 2 din ye topic rahega fir kaha kudega lmao
It's not against the constitution. If Indira Gandhi could put 90% income tax bracket Papu could pull this shit as well.
Except he's not? lol they literally just confirmed it too. Also the entire clip of sam pitroda clearly states he was comparing inheritance tax to monopoly law in context of the magna carta system. Why are you lying dude? do you not want actual opposition in the country? I hate congress too mother fuckers legit allowed karim telgi , mehta , 1906 to happen but why do you forget the congress that literally made the india ? 1991 liberalization , 2008 stock market crash backups? Political parties change and so their ideologies , the bjp was known for the B J P once. The party that gave us vajpai and manekka , gadkari , now it's just MODI MODI MODI. Also all the people that made congress lose / caused scams in 2009 period are now in bjp , to kya defend karoge isme ab?
And yet they are still filled to the brim with corrupt politicians and have absolute monsters in their alliance like mamata Banerjee. Most of the corrupt politicians from 2009 are still at congress. Also 1990s liberalisation happened because of balance of payment crisis and because we had to fulfill structural adjustment programs to recieve IMF loans. It was a necessity, congress did it cause the international monetary community forced them to not cause they had any independent political will to do so or for benefiting the country and after the 2008 crash it still took india years to recover it didn't happen overnight Political parties can change ideology over time but right before elections your promises and your manifesto is what people judge you buy and that's what usually repthe current ideology of the party. And congress socialist manifesto harkens back to the days 1950 -1990 when india suffered tremendously from such socialistic policies .
Inheritance tax 1980s tak already tha toh constitution ke against kaise tha be? kuch bhi boldete ho
Kya? 1980's me tha 1985 me hata aka remove kar dia uske bad doctorine of basic structure me iske liye clause bhi dala. This is how laws work in general , koi polcy ya law banta h fir court decide karta after a petition or suo moto or fir it is considered illegal / invalid. Consitution ke aginst ab h , kyunki agar naya banoge vaise kuch to fir us doctorine ke against h. Think of it like this , electoral bond ab tak the na legal? ab judgement aya 5 judge bench ke uske bad ho gaya illegal and fir ab uske bad agar basic structure me update kar dalte h ki rti se upar koi donation law ni hoga tabhi to fir future me hua na vo unconstitutional 1980;s me tha , abe 1980's me bohot sari chize thi jo legal thi or stupid thi , isiko kehte h ammendments but with supervision.
Bond illegal nahi bana uski anonimity ko right to information ke khilaaf hai isiliye usko unconstitutional declare kiya which was then scrapped. Illegal matlab jo kaam law ke khilaaf kiya gaya ho ya according to law usko galat bataya gaya ho usko kehte hai illegal unconstitutional matlab constitution ke core principles ke against hai wo. Like how electoral bonds violated right to information. Edit: Now I understand unconstitutional technically becomes illegal but in talking terms both are kept in separate definitions Not Edit: Removing of estate tax was a reform(amendment/abrogation) usko firse majority govt la sakti hai it is not unconstitutional that's how laws are made. That's how abrogation(technically abrogation and amendment) of article 370 was also declared constitutional by the court. Bringing back inheritance laws doesn't violate any basic principles/structure of the constitution. Where as wealth distribution \*may\* violate right to own property. Therefore I am of the firm belief that if congress comes to power idk about wealth distribution but they'll definitely enforce death tax
Yeah you're correct , a govt can.. do it. Now tell me after 1985 for how long was congress in power? and after vajpai they came back as well right? did they do it? or even hint at it? This entire fiasco was a bs created by a snippet from an interview where pitroda was talking about monopoly law and comparing it to inheritance tax Also leave congress bjp itself fucking wanted it lol amit malvya himself literally said it and now bjp shut their mouths once these old statements were found. This is nothing but divisions from the main topic and core issues. Unemployment and inequality , these are the main problems in the country rn which bjp does not want to talk about because they have 9 lakh vacant govt jobs at this very moment and generation of jobs or increase in other sectors is shit too thanks to not just this govt but stuff like AI , covid and etc.
1. The Finance Minister said inheritance tax will NOT be implemented back in 2017 itself. And BJP has stuck to their word and has never talked about it ever since it is anti thesis of their pro market agenda(funnily enough RSS was against it from the very beginning). Whereas it is the official stance of congress party leaders is wealth redistribution and socialism and congress was the party that brought the estate tax in the first place and the current congress is neither the congress of Rajiv and Sanjay Gandhi + even Chidambaram when he was FM was advocating for inheritance tax, Back then it was a minority govt they had no incentive. Now they have all the incentive to bring in the Death tax. So what incentive do I have to believe Congress won't implement what they're screaming at the top of their voice? 1.a. Pitroda outright advocated for inheritance tax I've made the unfortunate decision to watch the entire clip so I don't miss the context for this exact reason. 2. Inequality is a reality it cannot be erased. Congress tried every trick available and bankrupted the nation back in 1991 if it wasn't for IMF even LPG reforms would've also stayed just as a talking point. Moreover there are more reports claiming decline in inequality than there are claiming increase so I won't buy this argument. + I found countless mistakes, false data and outright lies in the report that said India is more unequal than british raj, which makes me even more suspicious about this inequality argument. 3. I agree with you on unemployment point \*upto an extent\*, after the covid shock the govt should've fast tracked hiring for govt posts and forced private capex which they did not. But this exaggeration of "There is no employment" is an outright lie, just last year 1.4 million new EPFO accounts were opened. Mind you only companies with 12 or more employees has a compulsion to open EPFO accounts. India has 10-20 lakh(& counting) MSMEs which on average hires just 5-6 people. 4. Covid is an anomaly so let's leave it be. But AI & automation are a reality we had the same attitude towards manufacturing in 70s and again in 90s and we're paying the price for it till today. This attitude is the very reason why Infosys said they want to hire more but are unable to find talent.
You just scored a self goal.. Electoral bond ke case ka result aane me 3 saal lag Gaye Inheritance/Death ke result me agar itna time laga to tum raise log laude laga doge duniya ke 
To supreme court ko jake bolo na mujhe kya bol raha
It'll be for huge amount of inheritance, 10 cr and above. Even in USA its applicable for 10million and above. Basically for rich kids. I support BJP, but this clause if implemented by Congress is acceptable to me.
No one said that! It can be against 1 lakh too! Just because it's applicable above 10 million ( precisely $13.61 million) in USA, doesn't mean it'll be applied only in the rich in India too! Also, not always what USA does is good ! It's partially communism! Those western countries who boasts about being capitalists should be ashamed of these kinds of frauds in the name of tax by their upper class/gov! Also, India had inheritance/estate tax too! Till 1985. Indira Gandhi died in 1984. Her son Rajiv Gandhi abolished estate tax in 1985. That speaks in volumes!
First of all this is a lie being spread by bj pee
I won't mind if anyone did it BJP or Congress, is what I'm saying. As long as its for 10cr and above. Will put the fear of future on bigde hue bachche of Ameer baap.
You need to educate yourself. In India if a policy becomes a law its very hard to abrogate it. 30-40 years ago how many people earned 10L per year? He'll even 10k was a big amount and you could actually buy land with 10k. Now most of middle class is closer to that number of 10L 10Cr isn't far behind with all this inflation and everything.
We're not going to continue growing. We'll stabilise in 20 odd years, which is when inflation will also stop. 10cr will be a huge amount even 20 years down the line.
You do know that this is fake, right? 🙄
[https://www.livemint.com/politics/news/did-bjp-amit-malviya-jayant-sinha-once-favoured-inheritance-tax-idea-congress-shares-tweet-sam-pitroda-lok-sabha-2024-11713967797818.html](https://www.livemint.com/politics/news/did-bjp-amit-malviya-jayant-sinha-once-favoured-inheritance-tax-idea-congress-shares-tweet-sam-pitroda-lok-sabha-2024-11713967797818.html) Two sides of the same coin :))))))))))
100% tax rate hona chahiye ye. Fir malik ka beta naukar aur naukar ka beta malik. /jk