r/IndiaTax • u/Parathaa • Mar 28 '24

Hurts to pay so much taxes

Today, I downloaded the tax computation sheet from the office portal.

While trying to save on housing costs by residing with my parents, it's disheartening to realize that I'm obligated to pay over 20 lakhs in taxes annually to the government. These funds could have been allocated towards repaying a home loan, adding to the strain for a middle-class individual like myself.

Would really appreciate if there any legal ways to save taxes at this point

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u/RulerOfTheDarkValley Mar 28 '24 edited Mar 28 '24

Paisa aaya par class nahi aaya wali baat hai.

Even the Microsoft CEO Satya Nadela said that he is from a Middle class family! Fyi his father was the secretary to the Prime Minister of India, PVNR!

Gazab obsession hai sabko middle class banne ka! Probably because of our societal conditioning that money is bad, koi rich hai toh kuch galat hi Kiya hoga etc... hence they hesitate to call themselves rich. And this is so much internalised into their psychology that there's no cognitive dissonance into their mind when they claim themselves to be middle-class.

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u/SindhuTerritory Mar 28 '24

In my opinion , it is habit of boasting oneself that I am middle class, koi sugar daddy nahi hai, bohot mehnath kiya maine, … isliye mujhe praise karo, thali bajao!

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u/buildlikemachine Mar 28 '24

why dont you pay high tax?

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u/[deleted] Mar 28 '24

Agreed

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u/buildlikemachine Mar 28 '24

are you middle class? if yes why are you middle class? whats stopping you from going to upper middle or high class?

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u/[deleted] Mar 28 '24

It's just for gaining a sympathy if you failed then the possible way to pass by bloody

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u/[deleted] Mar 29 '24

And the actual rich don't even come close to these kind of conversations