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Of Taxes and Ex'cess'es

कर्म करते चलो, फल की चिंता मत करो।

I am pretty certain most of us would have heard this quote from Geeta. Lord Krishna advises us to keep working without focusing on the fruits of labour in terms of success or failure.

Our governments over the years have lived by this mantra. The mantra is only applicable to the foolish working class. Keep working, keep paying taxes & don't expect any kind of social security, welfare, healthcare in return. Heck don't even expect good roads. For good roads aka national/state highways we'll add a toll tax. We also collect road tax when you buy a vehicle, but roads & parking is none of our business. Also, please pay a professional tax for the municipality separately. When you're done with that, we'll need you to pay an education cess, and no you're kids will never benefit from this. But yeah sure, we are building fantastic government schools with state of the art non existent toilets for girls with this cess. Also, we don't think you deserve any sort of happiness which can be bought, so we'll tax those through VAT, Sales Tax & Entertainment Tax. And oh you filthy lowly creature, here's Swatch Bharat Cess for you mofo.

The budget this year again does nothing to bring in more tax payers. Only 3% of the population pays taxes. And only about less than 50,000 people in this country earn more than a crore There's an additional super rich tax waiting for them. To put things into perspective, how much does 1cr mean? In Hyderabad, you can buy an apartment of about 2000 - 2500 sq feet in 1cr. Pune/Bangalore have much higher rates. So is this person with a taxable income of 1cr rich? Yes absolutely 100%. But super rich? This poor 1cr guy, wouldn't be able to buy a lower end luxury car without flinching. We need to recalibrate our scales for rich and poor alike.
If you earn more than 600 a month per person in urban India, you are considered above poverty line! So that comes upto Rs2.4k/mo for a family of 4. (21.9% people out of 1.2 billion of Indians lived below poverty line of $1.25 in 2011-2012 ). If this government is truly pro poor, move that poverty line to a real number.

PS: The budget is not all bad. Here is a snapshot.

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