https://www.timesnownews.com/business-economy/i...
Naveen Kopparam, a social media user, revealed on platform X that a dosa vendor near his home earns Rs 20,000 daily, amounting to Rs 6 lakh a month. After deducting expenses, the vendor reportedly takes home Rs 3-3.5 lakh monthly.
The recent example shared on social media has ignited discussions about earnings disparities and tax obligations in India. The post has gone viral, sparking discussions about the challenges and advantages of salaried jobs versus self-employment.
There are many people like this....in Hyderabad abids...some mobile repair persons earn 15,000 daily on another average.... I have replaced screens many time.
Many business like this...they take cash for repair .etc.... incash economy you can't bring them into income tax slabs.... They also use 5-6 persons upi IDs...you know all family members... So no way to track them...unless all customers ask proper GST bill.
add in title pat 0 tax
unfortunately from now, he will end up paying taxes thanks to this social media viral scene - if this happens then I feel he is the most unlucky person as normally we have heard of people screwing their lives via social media but here others' social media usage is screwing his life 😀
Good for him. But anecdotal cases dont define a population. There's lakhs of roadside eateries and other vendors who brave the elements all day to earn a meager living.
Wonder if he really gets 500 customers a day if he sells one dosa for Rs 40, that's like 50 customers every hour for a 10 hour work day. Seems a bit too much on a consistent basis
LoL now investigation comes on him..
Poor man will be taxed for no benefits from government.
Only solution is completely remove cash . Remove all the notes and coins from circulation . That will make every transaction completely white and transperent. Otherwise no way to stop black money and black market in India.
i always had suspected that these small food vendors , small shop owner earns huge and also tax saving also the wealth then flows in family unlike salaried class
met a wholesale grocery owner here in delhi who earns 7 lakh/month i was amazed on his 84 lakh /year package
i think this is the main reason why many btech/mba guys open small shop
There are many people like this....in Hyderabad abids...some mobile repair persons earn 15,000 daily on another average.... I have replaced screens many time.
Many business like this...they take cash for repair .etc.... incash economy you can't bring them into income tax slabs.... They also use 5-6 persons upi IDs...you know all family members... So no way to track them...unless all customers ask proper GST bill.