'India doesn’t need new taxes to uplift its poor, existing welfare schemes are doing well'

Рет қаралды 10,524

15 күн бұрын

India doesn't need an inheritance tax or higher tax rates for its welfare measures. It is already doing a lot of welfare, and better targeting will make this more efficient, Deputy Editor TCA Sharad Raghavan argues in #StandardDeviation.
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Пікірлер: 108

@shankargopalakrishnan1478 13 күн бұрын

It's unfair not taxing high agriculture income earners

@anuragbanerjee2879 13 күн бұрын

I agree, income tax should just be based on Income nothing else

@sapien2503 9 күн бұрын

Vote bank politics 😂

@g.badarivishal7353 14 күн бұрын

Citizens paying Income Tax are paying many other taxes which prevents them from improving financially. In the name of uplifting the poor new taxes will lengthen the list of poor, since others too join the list. Shun double, multiple taxation.

@anuragbanerjee2879 14 күн бұрын

Thats why GST came in .. look it up

@g.badarivishal7353 14 күн бұрын

@@anuragbanerjee2879 GST good. But what about first point taxation, Income Tax. We pay tax from already taxed income. How fair is that.

@anuragbanerjee2879 14 күн бұрын

@@g.badarivishal7353 Income tax is paid by less than 6% of population. (top 6%) I am sure labour income can be part of income taxes but what rate ?

@g.badarivishal7353 14 күн бұрын

@@anuragbanerjee2879 Then for the sake of justification either exempt them, that is, abolish IT, may be not practicable, then reduce the tax slab, increase the maximum savings limit for deduction. Thus reducing the harshness of double taxation. Inflation in geometric progression and IT sops are arithmetic. Something should be done for the hapless 6%..

@anuragbanerjee2879 14 күн бұрын

@@g.badarivishal7353 So a regressive system ? 94% will pay for the 6% ... who mostly comes middle class ? I agree with simplification less exemptions and so ... but not a regressive system

@NiteshKumar-ue1yp 14 күн бұрын

Wealth redistribution is basically taking money from those who work and giving it to those who don't.

@dineshbambardekar7708 13 күн бұрын

True

@vm-my6hg 13 күн бұрын

A lot of hard working people make less money though and deserve some assistance

@NiteshKumar-ue1yp 13 күн бұрын

@@vm-my6hg we should focus on making the system fair and transparent.

@siadhcsf9263 4 күн бұрын

You are moron. You know nothing..

@biswajeet9826 14 күн бұрын

Ayushman Bharat and the 80% subsidy medicines are doing pretty good as well but I would say we need more awareness for that and with time health care has improved as well

@abhijitguha494 13 күн бұрын

Privatize public sector undertakings aggressively & use the sale proceeds to alleviate poverty.

@prakashraghunathan2685 14 күн бұрын

Thank you sharad sir

@NiteshKumar-ue1yp 14 күн бұрын

We need to pay more to govt teachers? Then why do people spend years to get govt job? Look at the ground reality, not at Scandinavian countries. Govt teachers are paid atleast 3 times than their private sector counterparts without including pension and other perks.

@amiteshsingh5033 14 күн бұрын

If only the government could use that money to build more governemnt schools with basic infrastructure and hire more staff.

@DileepKumar-qt9nd 14 күн бұрын

Incredible once again❤

@lakshyavarshney9942 14 күн бұрын

Excessive freebies are unfair not coz of PPL saying hardwork and all but coz they are an insult to the PPL

@vicky7100 14 күн бұрын

Finally some unbiased objective Opinion…..,,I know it would be oxymoron to expect opinion to be unbiased ,nevertheless the very fact that he spoke of things as they are and as they ought to be is a breathe of fresh air amidst the specious nonsense lopsided Op-Eds of TheHindu TheIndianExpress …..Criticism should be Constructive and substantive ,for it to be taken seriously by aware citizenry

@lakshyavarshney9942 14 күн бұрын

Look at uk etc they are good with inheritence tax the PPL like this journalist and u just want to defend unfair poverty and illgotten gains

@lakshyavarshney9942 14 күн бұрын

So u might not take PPL who call out ur opression seriously that dosent mean u r right and the other side isn't when have u taken any criticism seriously

@vicky7100 14 күн бұрын

@@lakshyavarshney9942 What oppression ?! The video of ThePrint is talking about the economic policies,wherewithals of the State (or lack thereof) in providing the welfare measures and how better targeting of beneficiaries will augment the role of state in welfarism ......Now this is prob with people like you....who want to have an opinion on everything without even knowing/watching the things !!

@lakshyavarshney9942 14 күн бұрын

@@vicky7100 still the countries mentioned are way better than ours we need the west not the east reorientation of welfare is needed too still there is ur greed we are not walking as nicely towards that look at the culture of forced maids and drivers over here and no quality of life corporate sucks u want ashneer grovers to advice u and don't want to break from the clutches and this is about the opression and materialism over exploitation of others and peer pressure that is there

@shobhitmittal02 13 күн бұрын

Well explained Thanks

@vivekanandholla6730 13 күн бұрын

Thank you. Very nicely put.

@indmusiclover 13 күн бұрын

Thanks Sharad

@NaveenKumar-xs5ie 14 күн бұрын

thank you

@maheshmanian 13 күн бұрын

Nicely explained

@shefaliglk 14 күн бұрын

Good analysis.

@Vikram_l 13 күн бұрын

Great article. Well presented. A comparative analysis that also included similar sized and placed countries such as china, Indonesia, Brazil, Russia, South Africa and Nigeria to name a few would provide better insight on how well we are doing. Cheers.

@omkarbhat7 13 күн бұрын

All the points well put... Only feedback for the speaker would be a little more practice presenting on screen do that it feels more natural and comfortable.. but that'll happen over time 👍🏻 Great work

@Anjaliadvone 13 күн бұрын

Find all with >2 house flat >2 cars bikes >2 flat house >1 acre plot >1 kg gold >2 foreign vacation studying med engineering in pvt med engineering Management colleges Track their last 5 yrs ITR since 2019

@anuragbanerjee2879 14 күн бұрын

Whats need is to provide skills not degrees ?

@ArkoProvoMukherjee 14 күн бұрын

Thanks!

@ThePrintIndia 9 күн бұрын

Dear Arko, Thank you for your generous contribution to ThePrint.

@gopaakrishnanmvenkataraman9129 11 күн бұрын

Till date in a democratic set up I have not seen any scheme specially to uplift poor or render rich less and divested of Riches Unless people themselves take initiative to work to improve their standards of living and take Pride in nation building. Govt on its parts create good climate for people to take part in development

@kbmehta4208 14 күн бұрын

Excellent analysis, coverage and presentation. Heat and dust of elections is making our politicians mad, so mad that they are coming up with ruinous schemes to garner votes, especially those who are on the losing side.

@akmsmartlink 13 күн бұрын

❤

@yenaremadun7184 14 күн бұрын

What about the quality of education and healthcare provided by govt?

@rutvikrs 14 күн бұрын

It will improve with time. We don't need to upset the applecart.

@user-pz6sx7ir1p 14 күн бұрын

that is why everybody wants govt job. Don't work but still get paid.

@biswajeet9826 14 күн бұрын

Ayushman Bharat and the 80% subsidy medicines are doing pretty good as well but I would say we need more awareness for that and with time health care has improved as well

@maniaphobia4719 13 күн бұрын

Can the host say an approx figure of how much wealth is redistributed now ???? With out knowing the benchmark , Parties talk add on ; Possible Price increase and more tax in the name of redistribution; Power cost increase in TN had killed many industries and wealth for redistribution

@gk4l2e0x8 13 күн бұрын

But definitely need more people paying taxes even if it is nominal amounts it is a good start. Read somewhere that a mere 2 or 3% of the adult population pays income tax.

@amodpataskar5673 14 күн бұрын

The comparison should be with some South Asian countries, EU and US would not be any where near our GDP, per capita income

@lakshyavarshney9942 14 күн бұрын

It dosent matter we can compare with any country if we have overall quality ur biases and exploitation aren't final

@amodpataskar5673 14 күн бұрын

I am surprised with that reaction, unless our economic conditions are compared with similar economies it would not give a fair picture, for eg india is required to pay for defence imports which requires cutting costs on welfare schemes @@lakshyavarshney9942

@TheDURWAS 14 күн бұрын

I doubt, on one hand govt is indirectly promoting people to shift to urban areas but they have the urban poor without any help. Better housing and robust public infrastructure is needed in most cities including Mumbai.

@mg.f.9023 14 күн бұрын

"5 kg rice for the poor and 5 airports to my friend".

@db417 14 күн бұрын

Ya. How dare the government builds new world class airports for the middle class, when the poor are eating only 5 kgs of rice a month. We should use old run down infrastructure and give all our hard earned taxes to the poor so they can enjoy mutton curry without working a day.

@nobody4u77 14 күн бұрын

reservations for my votebank aka muslims and Corruption for george soros . ~~~~~pappu's khangress

@arjavgarg5801 14 күн бұрын

Dumeels not needed

@arjavgarg5801 14 күн бұрын

Dumeels can move to sri lanka

@user-sp6jq5ko3h 14 күн бұрын

Whole haryana for vadra

@dineshbambardekar7708 13 күн бұрын

Private sector employees faccing lot of insecurity still have to pay lot of taxes

@user-fh7mt4ox5c 13 күн бұрын

Has the Print considered exactly why Bharat, that was colonised India until 22 January 2024, was such a poor country in 1947? Anything to do with how its share of world GDP declined from 27% to 3% during British imperial rule? Or is that a taboo subject by those who speak English, eat English, drink English, dress English and THINK like Englishmen? JAI BHARAT, JAI BIHAR!

@mg.f.9023 14 күн бұрын

"The share of large industries and services in the written-off amount is Rs 7,40,968 crore or 48.36%. The amount recovered during the period is a mere Rs 2.05 lakh crore or. 14.07% of the write-offs. The simple question arising out of these figures is, who pays for the remaining amount of 86% of unrecovered write-offs?" - Devidas Tuljapurkar (joint secretary of the All India Bank Employees Association and a former director of the Bank of Maharashtra). 30, Oct 2023

@bharathraman2098 13 күн бұрын

write-off happens only in the balance sheet of the bank. The borrower still owes the money to the bank and recovery proceedings will still happen. The firm will be let off the hook only if they file for bankruptcy proceedings.

@beautifulworld_1626 13 күн бұрын

GOD bless you 😂😂😂

@user-wp5en1lt8r 14 күн бұрын

its not to uplift poor mainly its just to ensure people alone families dont go on generations and generations building wealth upon wealth bro its needed in long run to ensure an equality in society in a bigger scale

@lakshyavarshney9942 14 күн бұрын

I want inheretence tax honestly are u sure that we would need it in the long run

@bharathraman2098 13 күн бұрын

will Rahul Gandhis X Ray work on politicians who own benami wealth? If not i don't want any laws made on defective X Rays. If his X Ray does work honestly nearly 90% of Indian ploticians will land up in jail, including his allies

@lakshyavarshney9942 14 күн бұрын

No they aren't even sanitation workers don't have equipment over here we are a v unfairly unequal and an unaesthetic country uk like property tax can be discussed and most probably it's about democracy

@anilraghu8687 14 күн бұрын

Ayushman Bharat is flawed. The limit should not be amount. The aim should be to cover all medical conditions.

@anuragbanerjee2879 14 күн бұрын

If that happens you end up like NHS and become too expensive to sustain. It needs to be a european system

@ahmednadim5859 11 күн бұрын

Why is this welfarism even desirable? The Chinese prioritised growth over welfarism and now look at them. The results speak for themselves. Also you claim that the teachers and doctors need to be paid more. That's a ridiculous claim. Public sector teachers are paid 4-5x more than private sector teachers with worse educational outcomes. Pay has never been the issue with the public sector. Accountability is.

@mav633 13 күн бұрын

Just tell me this Mr Sharad! If you say the welfare programs are so good and well funded, why does everyone keep screaming about the need to bring down govt spending on these things.

@bharathraman2098 13 күн бұрын

well funded, but not good enough..for equitable living we need to commit to balanced diet for everyone not just free rice... provide electricity supply, drinking water supply and quality education. We focus on quantity not quality

@mav633 13 күн бұрын

@@bharathraman2098 good points. I'd just say it's better to do away with food subsidies all together and double down on education and health, good eating habits will come on their own.

@bharathraman2098 13 күн бұрын

@@mav633 nah ...if you check all nutritious food are expensive...except maybe eggs.. We should promote eggs.

@mav633 13 күн бұрын

@@bharathraman2098 something could be done about it. Moreover, education and right policies will bring prosperity and consequently good food would seem cheaper. But I take your point.👏

@lookintoit4537 13 күн бұрын

@@bharathraman2098Agreed. Eggs are great. We can also tax sugar and cold drinks at tobacco/alcohol level. There's no lack of malnutritioned fatasses in this country

@db417 14 күн бұрын

It’s not about lifting the poor out of poverty. It’s about buying votes to come to power.

@videoview5179 14 күн бұрын

😂😂😂

@anishmohan7813 14 күн бұрын

We talk about a developed nation in 2047, and more children are school dropouts. Rural life is not just about food and house.

@eshaba584 14 күн бұрын

Ap se 2047 tak 24 years hai.24 years mein bohot kuch ho sakta hai.Jaisa economic growth hai abhi aur infrastructure development dekhe nahi lagta kuch bhi impossible hai.

@indmusiclover 13 күн бұрын

Every idea starts with a goal. Yes we have a loooonnng way to go and solution is not getting bogged down by current but check if the basics are getting addressed. I think we are way way better than 1980s and 90s and dorection is correct. I would want to keep politics out.

@greenrico10 14 күн бұрын

Next video : why adani and Ambani need tax cuts to be uplifted

@ghanshyamjoshi587 14 күн бұрын

Yeah 95% tax during Indira gandhi regime really helped to catapult India become a super power

@rutvikrs 14 күн бұрын

@@ghanshyamjoshi587wrong you bhakt. We peaked during UPA 2 under MMS. They did not build roads because we were travelling using rockets. Mudi ze musht rejine.

@user-pz6sx7ir1p 14 күн бұрын

@@rutvikrs everybody has their own one person rocket.

@k26295 14 күн бұрын

@@rutvikrs😂

@rajashashankgutta4334 14 күн бұрын

@@rutvikrs upa 2? The time when our inflation rate and npa were at an all-time high? UPA 2 was so worst that it lead to rise of bjp and modi.

@prohind 14 күн бұрын

For every election, Mo D requires new welfare schemes to cultivate new votes for BJP. So your logic will not work with Mo D's madness to use tax money to buy new votes for BJP.

@ChandranPrema123 14 күн бұрын

Exactly these journalists can't operate at room temperature

@lakshyavarshney9942 14 күн бұрын

Stfu enough of ur exploitation wt would take our western liberty u hv illgotten wealth