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Bengaluru man shares about paying 50% of his income as tax, Twitter relates

A man's tweet about paying taxes twice has sparked a conversation on social media. He shared that he pays income tax and also taxes on his spending.

Published on: Jul 20, 2023 09:13 AM IST
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Taxpayers around India are busy filing taxes before the July 31 deadline. Amid this, a man's tweet on how he is paying taxes twice to the government has struck a chord with many people on the microblogging platform. In a tweet shared by Sanchit Goyal, a category manager at Flipkart, he shares how he is paying income tax and also paying taxes on his spending.

Bengaluru man shares about how he is paying 50% as tax. (Representative Image)
Bengaluru man shares about how he is paying 50% as tax. (Representative Image)

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In a tweet that Goyal shared, he wrote, "Today I earned 5000. I had to give 30% to the Government as tax. I thought of buying some caffeinated beverages from the remaining money & had to give 28% as tax. I realized I am working 12 hrs a day just to pay 50%+ of my income to the Government."

Take a look at his tweet here:

An individual wrote, "Earn money from agriculture and drink tender coconut water. 0 tax" A second added, "30% Tax is on income above 10 lacs PA for an individual. And there are methods to save from proportion from it. Further, the taxation burden in India is less than many developed countries." A third commented, "This is the pain of middle class today. If you buy a car there's not only 28% gst but also 22% cess. Plus 10% road tax. Approx 150% fuel tax and 2.5 Ruppe per km toll tax." "It's a tax trap and salaried persons are high. So business is safer get avail tax benefits even personal expenses," shared a fourth. What do you think about this tweet?

 
ABOUT THE AUTHOR
Vrinda Jain

Vrinda Jain is a journalist at Hindustan Times, specialising in viral trends and human stories from around the globe. With a flair for writing, Vrinda brings a unique perspective to the latest happenings, captivating readers with insightful and engaging narratives.

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