What are the main tax changes in Budget 2024 & how it may impact you| #InstantAnalysis

Corporate tax was double of income tax, but in last 10 years, the corporate tax is much lower. These corporates give political donations. For the vast majority of Indian corporations it's 22% & foreign corporations is 30%. The revenue loss is covered by income tax now. Income tax is the same, slabs have changed. Bihar (20%) & rajasthan (30%) are suffering due to severe lack of any type of manufacturing in these states. Currently, India has trade deficit with 9 out of the 10 nations coz we don't manufacture anything at the price (due to high inflation & custom taxes on raw materials) that these nations wants to buy. India's poorest & middle class pay 50% & 33% gst taxes, while the wealthy industrialists pay only 3% gst, oxfam. Middle-class entrepreneurs play a crucial role in not only jobs but also in wages growth, which boosts per capita income of a nation; these directly depend on Union govt's economic policies & increased funding to states for education. Unemployment rate is the highest in Haryana at 34.5 percent followed by Rajasthan at 28.8 percent, Bihar at 21.1 percent and J&K at 15.6 percent. Union govt claim of 8 crore employment from RBI data, includes the rise in "unpaid" workers like housewives. Ironically, in Feb, Union govt had reduced funding for education. Corporations often engage in tax evasion by moving funds to offshore tax heavens like the Cayman Islands, allowing them to hide wealth, for 10 generations to live like kings, & without contributing back to the nation. Land consolidation = is code word for big corporate families like Corporation 'A' to push out farmers & take over farm land in punjab. -demonitisation Indian SMEs suffered a blow, still struggling to find their footing -note ban gst cost 113 lakh cr 16 crore shave off 43 of gdp of informal sector -households debt surged to fresh high by December 2023 report -spike in food fuel prices push wpi inflation to 13 months high in April -express mobility unsold inventory for carmakers soars to rs 60000 crore

If possible please look at the FM's claim of 2/3 employees shifting to New tax regime. Please let us know if you do that. This claim like the 50 percent increase in average income claim made in the interim budget is difficult to grasp

Congress or bjp same story. But Modi should be kicked out.

https://youtu.be/bHgM13ue8ro?si=l3Nh7XEssAF4arMV વરસાદ મા થયેલ દરોડા 😪