Sunday 5 June 2016

A reply to heavy weekend tax players

A reply to WhatsApp message complaining government imposes heavy tax on their weekend merry.
People say they are being taxed heavily.
But I am not.
I earn 10 lakhs per annum and I pay only 56,650/- per annum as the tax. That means just 5.66% tax on my total income. Where my friends in the USA are paying 30% flat of their income!
I own a two wheeler and a four wheeler. Roads are smoother and better than UPA government, wear and tear lesser than yesterday; vehicles are BS IV and I am getting BS-IV petrol everywhere. I am getting extra mileage than yesterday's, which saves me a lot.
I am health cautious and do not eat junks on every weekend. I never want to pay extra hard earned money for the lights, cushions and English speaking waitress in restaurants. I get rice, vegetables, fruits and every agriculture products without tax. My family gets LPG subsidy for cooking healthy food. We enjoy tax-free eating.
I invest in equities and equity oriented mutual funds and I have the patience to wait for at least a year. India being the fastest growing economy, I am getting good tax free returns. My investment returns are not taxed, unlike your fixed deposits returns.
If you feel your goods are taxed more than double the value it has, ask your congress MPs to support GST Bill to remove recurring taxes on goods and services.
I thank my government for taxing those who do not know how to invest and save tax, but to go on outing every weekend to eat junks and spoil their health.
I am happy to pay the taxes.
Forward this message to every responsible citizen of India.

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