Excessive taxation on cars
Someone shared this attached working. Out of Rs.21 lakhs you pay for a Mahindra Thar, around Rs.8 lakhs goes to government in the form of taxes.
No wonder rich people want to
Leave India and go to other countries to get their money’s worth.
If you are living here better to let fools buy new cars and you buy second hand 2-3 years used and pay less than half.
By the time Government realises functional cars are no longer luxury it will be too late more
No wonder rich people want to
Leave India and go to other countries to get their money’s worth.
If you are living here better to let fools buy new cars and you buy second hand 2-3 years used and pay less than half.
By the time Government realises functional cars are no longer luxury it will be too late more
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Yes — the claim is plausible and the broad theme (“cars in India carry very heavy tax incidence”) is strongly supported. If I had to summarise: For many cars (especially higher end / larger engine / SUV category) you will pay several lakhs in taxes. It may not always be as high as “8 lakh on 21 lakh” in all cases, but it likely is in the ballpark for many such models. If you’re buying or comparing, it’s very worthwhile to ask for the detailed “tax / fee / on‐road price” breakup from the dealer and check how much of that is government tax vs other charges and vs base price differences. more
Nov 11
Those who oppose this taxation should write to FM/PM and suggest alternative ways to fill Govt. Coffers. One obvous way is to tax all parks of elected representatives. This may even lead to surplus funds and the taxes like excise and others caould be reduced. more
Jul 17
Yes, the Peoples who want to enjoy FREEBIES should leave the Country & migrate to another country where they will get all free . Educated Peoples are more Selfish than others. more
Jul 17
Yes, educated people don't want to fund freebies for undeserving idiots of the country more
Jul 17
Same is the case with petrol n diesel and alcohol. States are charging VAT upto 40%. Every govt needs huge funds for freebies, spent on salaries, perks, multiple pensions of elected members and wasteful expenditure. more
Jul 16
I am afraid I totally disagree with this post for one main reason. Individual, personal modes of transport using fossil fuel or even electricity are environmentally disastrous. This is a typical western, especially American style of life which promotes unbridled personal freedom over societal responsibility. Instead of asking for reduction of taxes, we as LC members should demand for mass transport systems which are easily available, cost effective and environmentally less damaging. If I remember right, one lady also raised the same issue a few weeks ago. Then came another post which was lamenting that the AC should not be considered a luxury item. How many people migrate out of the country? Lakhs, crores? What difference will it make if these people migrate? How can the nation progress when we who can afford refuse to pay our taxes - both direct and indirect. Only when we start putting our nation before ourselves, will the major problems facing this country can be solved. Sorry fellow LC members - if I have hurt your sensibilities, but truly both air conditioners and cars are a big luxury; in a country where hardly 5% of the people pay direct taxes, indirect taxes on at least luxury items need to be high. more
Jul 16
You have one life, but you must live in hell. Is that what is being stated? How can a country and its people grow if they continue to fight with the basics? I am sorry, but I completely disagree with this point of view. more
Jul 17
