No Income tax for traders.. Lets fight

[deba72]

Where on earth there is a tax like STT or CTT ? When you have exchange traded transactions - the details of which are available with all tax authorities - whats the need of such perverse taxes as STT and CTT ? Why should someone making losses pay tax on it ?

This tax introduced by UPA is still being continued by NDA...

None of the governments are serious about tackling tax evasions.. We all know how 80% of the BSE listed companies are used for evading taxes... Why these companies still remain listed at all...

Go to any lane/bylanes of Burrabazar of Kolkata.. and you will find the details of how thousands of crores of black money of politicians and big businesses are being turned into white and vice versa...

It dosn't matter to the governments that over the last 10 years, cash market volumes have actually gone down.. it also does not matter when most of the FIIs are having positions in SGX nifty rather than NSE Nifty...

We will continue clapping the achievements...:clap::clap:

 

[nirav_j]

A little correction.
Direct tax collections overcame indirect tax collections a quite sone time ago.

There is scope for further increasing DT share and we are on the right track.

 

[madhavareddy1203]

Guys ,
Why govt Not implementing same tax for all people. In india only 1% are paying income taxes.. But what will happen if govt will implement every year 2k for every person.. Its more and govt will get every year.

This is big boost who want earn legally.. And give serious punishment who dealing with black money. And more taxes for corporates comepenies.

Want to share another incident in below post.

 

[nirav_j]

a huge section of our population is BPL.

Tax net has to be widened of course, but not by taxing poor and lower lower middle class.

Poverty alleviation + national growth spread out over a decade will uplift more and more people into the tax bracket and pave a way for significant bump up in tax net ..

and booking the evaders too ..

 

[madhavareddy1203]

Guys,

Im not being to any religion, any party or any regional. Im just Proud Indian. Before reading below post plz just think like INDIAN..

But from yesterday my eyes filled with tears. More than 100s times i watched this incident related video.

Now we all are paying taxes. these taxes to help Indian economy, Poor and to provide facilities etc to all .. But what happening now In INDIA..

But what happened yesterday?? Where our taxes gone?? Why this type Incident happened???


Some people are saying below points:
1. Why media didnt help?? If media helped at hospital who knows the this type situation in INDIA.

2. Why other people didnt helped to that guy? How many times other people will help.. We elected people and paying money.. Its govt responsibility to help in that type of situations.

really shocking incident .. how he is ready to go by walk 50KM..... ??
So who are eating all our taxes. All we think we dont face these type of situations.. But may be we face in another way...

Why our taxes didnt helped that poor guy??? Why we need to pay tax when we are seeing this type situations??
Take taxes but use correctly.. no corruption plz...
Plz guys.. Govt should responsible to us and afraid for people.

IM not support or against any party.. but these scenes who ever ruiling.

"Image source from FB friends'friend"

 

[crudeoiltrader]

It's our fate. Govt needs money. They r ready to collect tax even from a beggar

 

[pannet1]

It's our fate. Govt needs money. They r ready to collect tax even from a beggar

No. They are already collecting it. Its called Gift tax. They are not collecting it from Begger but collecting advance tax from the Donar.

In the govt. perspective they need to collect tax from every avenue because clever people are always trying to take advantage of loop holes in the system.

Its like catching the tiger by its tail. If more people pay tax properly govt. may reduce the tax%. If govt. has less tax rates then more people will pay tax.

 

[traderniftybull]

Bhai, there is nothing like GIFT TAX now, abolished since long time back, merged with IT.

BTW, no govt, whether state or central or municipal, want to leave its penny.
The tussle on GST, is the live example.
In the end, the public will end up paying more tax.

 

[aja]

Only Govt employees are happy.
Vijay Mallya bhaga.
-They got D.A.

Economy bighad gayi.
-They got D.A.

Bad NPA.
-They got D.A.

Kal bank dub jaaye,recession aa jaaye.
-They are always safe.

Yeh baat agar mai pehle samaz me aaya hota to mai bhi ek babu hota

mere table pe ek name plate hoti-

aja babu :rofl:

 

[tradertrader]

Mr. Subramanyam Swami and Anil Bokil suggested for income tax abolition with demonetization. But govt. is not giving Mr. swami any serious post like FM. All govt. intention is loot you. No need of Rs 2000 as they said with more logic. But our fekuji is interested to give post its favorite chamchaji important post. For up election 5% tax rate reduced only in first slab and put stress on upper slab as surcharges. Only opposition and public money destroyed but their money in safe hand. For drama they shows few of their leader trapped. He suggested his department no action before demonetization. What it means 2g, colgate etc gone. No big arrest heard may be I am wrong. Now talking about cash less and being online and banks are putting charges if someone wants to put money at bank. Specially a poor who have account and put his saving to bank means he is demotivated. Higher tax rate always demotivate people to pay taxes and tends to tax evasion. They said for 2% banking tax transaction with practical illustration of how much turnover all over India and how much benefit to Govt. Which can help to abolish all taxes on common men. If they do so how they loot common people. People in this country are crazy and running behind faces made from marketing. No govt. interested to reduce burden of common men else how these freebies leader enjoy our money as taxes for their comfort.