Here in India the rich are taken care of more than the poor. It is the rich man's money that shows that India is doing well economically.
Do Government decisions affect your purse?
- Thread starter bestwriter
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In the internet sector, the government agencies are openly involved in massive financial fraud on some domain investors falsely claiming that lazy greedy fraud government employees who do not pay expenses, own the domains of a private citizen who is paying a large amount of more than $4000 annually for domain renewals. This government financial fraud has caused great losses for the domain investor and denied her a life of dignity.
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- #6
What about income tax on your earnings. Are those earnings tax free or you do not declare them.
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Both income tax and GST are a load on ordinary people and that added to high price of commodities living becomes difficult
Definitely. Government policies do have a direct impact on my personal finance. Taxation rate, public transportation fare, water and electricity bills all affect my purse.
Government decisions would always affect the financial life of the citizens of their country. Taxation is one instance that it does.
Yes, that is right. Inflation really reduces my spending. Dealing with fluctuating income becomes even tougher when prices go up.
When the government removes subsidy on some products, it would definitely affect my pocket because I would have to spend more to access that product.
