Nirmala Sitaraman gave a one line answer and entire west is feeling jealous

[Coconut]

 

[Thokkalee]

Rich people problems!! 
If all his income is white, why does he want to pay in cash to buy a house? Black money rotation baaga thaggindi as they made bank payments mandatory.. 

Income tax pay chestunnamu ani sales tax, property tax, petrol tax pay cheyyanu ante elaa.. these taxes go to different govts.. compared to other countries, property tax is very very low in India.. 

[CADNMALODU]

6 minutes ago, Thokkalee said:

Rich people problems!! 
If all his income is white, why does he want to pay in cash to buy a house? Black money rotation baaga thaggindi as they made bank payments mandatory.. 

Income tax pay chestunnamu ani sales tax, property tax, petrol tax pay cheyyanu ante elaa.. these taxes go to different govts.. compared to other countries, property tax is very very low in India.. 

That's the only thing very low. Rest all is crap shoot in terms of taxation.

[Thokkalee]

47 minutes ago, CADNMALODU said:

That's the only thing very low. Rest all is crap shoot in terms of taxation.

Double taxation is very normal.. you are taxed on your income and you are taxed on your purchases.. it is there everywhere.. at least in India, the taxes on the assets you own is very less… income tax in India is capped at 30%.. 

there are no annual car registration renewal, high annual property taxes.. some states in U.S. even charge you annually for owning a car depending on the car value.. 

India’s tax revenue is very less for its population.. 

[Pavanonline]

47 minutes ago, Thokkalee said:

India’s tax revenue is very less for its population.. 

Ithe kattevallani peedistara kattani vallani kattela cheyali kani

 

3 hours ago, Coconut said:

 

 

Ee balupu ki emi takkuva undadu malli

[Thokkalee]

33 minutes ago, Pavanonline said:

Ithe kattevallani peedistara kattani vallani kattela cheyali kani

Ee balupu ki emi takkuva undadu malli

More and more people are being added every year to the tax base… cash circulation thaggi, everything white and online transactions chesthe, lot more ppl will be forced to pay taxes.. 

the guy in the video is a stock broker, not an industrialist or a businessman… he understands the risks he is taking when investing in the stock market.. it is stupid to complain about taxes on stock brokerage.. if a businessman or an industrialist complains about taxes and regulations, I sympathize with him.. not stock brokers.. 

[Pavanonline]

9 hours ago, Thokkalee said:

More and more people are being added every year to the tax base… cash circulation thaggi, everything white and online transactions chesthe, lot more ppl will be forced to pay taxes.. 

the guy in the video is a stock broker, not an industrialist or a businessman… he understands the risks he is taking when investing in the stock market.. it is stupid to complain about taxes on stock brokerage.. if a businessman or an industrialist complains about taxes and regulations, I sympathize with him.. not stock brokers.. 

just because you don;t like his profession doesn;t mean he's not running a legitimate business/job. he has same rights as anyone. and as finance minister for 9 years the least you could do is acknowledge and give an answer, katte taxes ki iche service elago em undadu

[Thokkalee]

38 minutes ago, Pavanonline said:

just because you don;t like his profession doesn;t mean he's not running a legitimate business/job. he has same rights as anyone. and as finance minister for 9 years the least you could do is acknowledge and give an answer, katte taxes ki iche service elago em undadu

Not really.. I don’t have anything against stock brokers.. his main complaint is that taxes are high, which is not true when you compare with any other developing or developed countries.. he is charging the retail investor for doing the trade for him.. he is not doing it for free.. the risk is also not his but the investors.. 

Second complaint is that they are not allowing any cash transactions for buying houses.. that is the whole intention behind making everything white and reduce black money.. if all his money is white, he can pay it from his bank account… 

I meant to say that if he is a businessman or an industrialist, they can ask for some favors in their sector or faster approvals or reducing regulations or easing of credit access for their industry.. what can the govt do for a stock broker? How can they make him happy? That’s why she said she doesn’t have an answer to his questions