YOUR Taxes should be lowered-- here is WHY? | Must watch video for Taxpayers! Akshat Shrivastava

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If you are a taxpayer in India - you MUST watch this video.

I am not criticising any political party, but pointing out facts, and urging honest taxpayers to become aware of the situation around them.

Do watch till the end.

PLEASE NOTE: THIS IS NOT AN INVESTMENT ADVICE. PLEASE DO YOUR OWN DUE DILIGENCE
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[AkshatZayn]

👉 File your Taxes at lowest rates, check out my Start-up:

👉 My NEW LIVE course Batch starts in September (LIMITED SEATS):

👉 Learn to generate income from your Real Estate, check out:

👉 Learn about stock markets through small byte sized daily posts (only at 159/month):

[Snatch_]

I was paying more taxes in India then I am right now in another country, and was getting absolutely nothing in return. India definitely needs to reduce taxes.

[RahulShinde-vyfp]

A honeybee sucks nectar from the flower without harming it. An ideal govt should also tax its civilians without harming their financial life.

[pramodshenoy]

Even BCCI earns several thousands of crores in revenue every year but pay zero taxes claiming to be a 'charitable organisation '. Something needs to be done about this.

[kaushikdas]

Our Nirmala Tai cannot digest because she doesn't eat onion

[jeevankumar]

You nailed it bro, I wanted to start a business in India but the bureaucracy and tax is so high in India that I decided to do it outside India, India really needs to reframe the tax system so that it encourages people to do business and pay tax with some benefits.

[krazy-YT]

Paying 30 percent income tax, extra taxes for everything that I use including health insurance and education. You tax like Switzerland and give services like

[Desync_Exe]

He is better than our sleeping(Finance)

[Shashankvc-eubf]

The problem is we are not getting the quality of services for the tax we pay. The politicians(both bjp and congress) eat all of it

[Justthinking]

Imagine an India with lower taxes: more jobs, higher incomes, and unstoppable economic growth

[StephanieMiller-oh]

*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Laura, and her helpful guides*

[nitinkumar]

BJP own Dr. Subramanian Swami also advocated for abolishing many form of taxes and lower the other since years but the government increased taxes instead. No hope from this government, they are not people or business friendly except their crony capitalist friends.

[mridulnath]

Well I agree with your analysis. One point I would like to highlight is the fact that we are paying 18% GST on already taxed income. So effectively our total tax outgo is much higher than the 20%, 30% etc. bracket. While the salaried people have no way to go, every unorganised businesses I know of do not pay taxes inspite of having many times higher incomes than an average salaried professional.

[the_unfiltered_truth]

The Taxes need to come down drastically. Current taxation is a sheer loot of the middle class.

Great Video Akshat.

[kallol]

Our Finance Minister is a pathetic...She does not know about finance.

[sureshkumar-btgx]

Politicians hold black money in real estate then why would they solve problems .

[itznasir]

sold my ADA at a loss but I don't care. its been weighing me down for years in the red.... time to organise and put in XAI46K

[rahuldb]

High taxes and no services for all the tax, we still need money for education, healthcare, old age social support. All other countries that have high taxes give their citizens good services. Our government sucks cash out of the system as taxes and wastes it on random useless things plus uncontrolled corruption, even our new roads are not from our taxes, we need to pay high tolls for that too.

[arunbabuayiriveetil]

this video should be broadcast in parliament

[apoorvnagap]

Some more minor points to highlight:
- if you are living in Mumbai, you can see bmc car coming to take away street vendors' things. The next day you can see their setup again. If the vendor is going to occupy same place n do business, local government needs to work on some solution instead of the vendors paying illegal haftas.
- Many people while buying gold take a non-gst bill, it benefits seller n buyer both.
- It's impossible to imagine but there are many unorganised businesses/profession (like doctors etc) where they ask to pay fiat money hence preventing showing their actual income. Why do only the people working in systemized organizations need to pay taxes on behalf of such people?