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What things will rise this time?

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Analyst
playdime

After every election, my middle class heart misses some beats with the fear of rise in prices. As age catches up i understand more about demo-cry-c  and i strictly follow it ( demo-cry-c) and foul cry.

I sometimes curse GOD for giving knowledge and education and imagine myself running away to far islands and eternal comforts drag me back to this bloody life and forces me to post , pleading ppl , please tell me what is going to rise this time? Any relief with taxes?


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Deal Cadet Deal Cadet
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Middle class people are worst affected and crushed by high taxes in last 10 years.

Subsidized fuel & LPG gone (Even expensive than many US States, Income per capita comparison USD 77k vs 8k of india)

Paying 18% GST on health insurance (When every state/central govt hospital is overcrowded by at least 10 times)

28% GST on two wheelers. (Non metro & Tier 2/3 cities have negligible public transport)

List goes on......

Just be happy and liquidate all your assets, as it is Amrit Kaal

Deal Baba Deal Baba
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Only Population will Rise

Deal Subedar Deal Subedar
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Sometimes, its just the feeling which we assume as reality. Sometimes its one sided thinking. Examples, in this thread itself, and let me be clear, do not look at these facts as political statements!!

Example:

1. 28% GST on two wheelers.

With GST, middle class is paying 2% less tax on two wheelers.

https://www.libertyinsurance.in/two-wheeler-ins...

2. 18% GST on health insurance

Pre-GST it was 15% tax on health insurance, now its 18%

3. Subsidized fuel & LPG gone

Petrol price in the capital city over 20 years. 

April 2003 33.49/- per liter

April 2014 72.76/- per liter

April 2024 94.72/- per liter

So petrol price increased by more than double in the first 10 years which is not the case in last 10 years.

https://economictimes.indiatimes.com/industry/e...

https://www.aa.com.tr/en/energy/oil/india-to-pa....

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Deal Cadet Deal Cadet
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Middle class people are worst affected and crushed by high taxes in last 10 years.

Subsidized fuel & LPG gone (Even expensive than many US States, Income per capita comparison USD 77k vs 8k of india)

Paying 18% GST on health insurance (When every state/central govt hospital is overcrowded by at least 10 times)

28% GST on two wheelers. (Non metro & Tier 2/3 cities have negligible public transport)

List goes on......

Just be happy and liquidate all your assets, as it is Amrit Kaal

Analyst Analyst
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Every time, i said my heart is missing beats, if i read your list, it stops beating and i nolonger has to worry for anything 😞

Deal Baba Deal Baba
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Only Population will Rise

Deal Cadet Deal Cadet
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Ab ki baar 300 crore paar

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Deal Subedar Deal Subedar
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Sometimes, its just the feeling which we assume as reality. Sometimes its one sided thinking. Examples, in this thread itself, and let me be clear, do not look at these facts as political statements!!

Example:

1. 28% GST on two wheelers.

With GST, middle class is paying 2% less tax on two wheelers.

https://www.libertyinsurance.in/two-wheeler-ins...

2. 18% GST on health insurance

Pre-GST it was 15% tax on health insurance, now its 18%

3. Subsidized fuel & LPG gone

Petrol price in the capital city over 20 years. 

April 2003 33.49/- per liter

April 2014 72.76/- per liter

April 2024 94.72/- per liter

So petrol price increased by more than double in the first 10 years which is not the case in last 10 years.

https://economictimes.indiatimes.com/industry/e...

https://www.aa.com.tr/en/energy/oil/india-to-pa....

Deal Lieutenant Deal Lieutenant
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i would say just remove tax on  (i.e make 0% tax)

1) Food items (only raw materials)

2) health insurance and 

3) medicals and 

4) hospitals and 

5) education

, other things are fine , other things are kinda wants, but the above 5 are needs

JUST DONT TAX NEEDS LOL

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Deal Subedar Deal Subedar
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my guess is once BJP forms the government they will not increase prices or taxes for this financial year and start their groundwork for states where they were supposed to win but lost e.g. UP and for those states where they are washed out like TN start sending IT/ED teams to damage the winning party image just like they did for AAP and you can see the impact in Delhi and Punjab

Deal Subedar Deal Subedar
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Don't feel that Middle class will get relief even with the govt change. If you remember Service tax was introduced by govt who is currently in opposition. and also remember the stement that "Paise ped par nahi ugte". I definitly agree with this statement even not follower of that party. If some govt will give you more subsidized things. you will get relief for short time but later on it would be disastrous because govt will not have money.

so as per my thinking middle class should avoid unnecessary expenses. I see around that middle class people spend 15-20k every year on mobile , goes to restaurant frequently, buys branded cloths ans shoes. and also both husband and wife would need to work (like developed country all people in home are working).

Analyst Analyst
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I was never asking for sops. GST on food items  is too much. I still remember chidambaram (?) Saying no service tax will be levied on food items when it was imposed. They themselves broke it and current govt. took it one step ahead, at the same time they did not bring diesel/petrol under GST. 

I know every govt. irrespective of party is cheating middle class. Another example cremie layer income  for reservation is 8L, but for normal middle class its 2.5L for IT? 

So many things. Tell me one sop including education , healthcare, food that middle class is getting who earns 5L per annum living in metro as thats the place he can earn job. 

dont tell me govt schools, govt hospitals etc, there we dont even get basic education and medicine.

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Deal Subedar Deal Subedar
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Creamy layer is a joke on middle class people.

Deal Lieutenant Deal Lieutenant
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very true xD
Benevolent Benevolent
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dirbdssan64d1

Deal Subedar Deal Subedar
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Please provide details around all 'additional' taxes which came into existence post 2014 and enlighten us.
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Post Emperor Post Emperor
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Building Will rise (more real estates), Inflation will rise, Loans will rise, Taxes,  Job competition will rise... dissatisfaction will rise...there are many more such which I don't want to mention else dimers disappointment will rise too joy

Deal Cadet Deal Cadet
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Everything

Helpful Helpful
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After election next day they 

rise 5% toll tax india wide

Milk 2 Rs but this is not directly with govt first amul did and in few hours mother dairy too.

New taxes will be introduce which were not included in GST last time like Birth Tax, Death Tax, Breath Tax etc

Critic Critic
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in month or two, the govt will take away the 100rs discount they gave on gas cylinder 

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