12lakh income tax exemption limit is bjp's jumlebaz.

Recently NDA government 's bjp's FM Nirmala Sitaraman announced 12 lakh income tax exception limit.

In India less than 8 core people are filing income tax return and 50% out of it are paying nul tax to the government. Let us come to discuss from two angles. First come to discuss from bureacrat side. Now 4th and 3rd grade employees are getting maximum gross salary up to 6lakh to 8lakh. Similarly 2nd class and 1st class employees are getting salary Rs 10lakh to 12lakh.Question comes here how are they getting salary and who is giving salary to them? Are they freefrom public borrowings? The person as a government stake holder how much is he borrowing for such purposes. Can he give salay from profit making sources? No. So where is income of public?

Let us come to discuss about business doers. Since independence in India 40% profit before business wings yet have not been seen. The person who is running his business with 20 lakh current account the person is paying 3lakh cc interest here maximum operating profit is comming Rs 4 lakh after adjusted revenue purpose indirect expenditures the net profit is comming Rs 1lakh to 2lakh. Similarly here people are doing business with partnership or as one man company. Question comes who is earning 12lakh income and how much are their percentage?

Let us come to discuss about present statistical informations. Now since third term oath of PM Narendra Modi 52.5% are returning to GDP another 47.5% are going to business holders profit, business bank int and to gst. So where business holders are generating 40% and more profit.

It is just jumlebaz of bjp and NDA. Rather India will be trapped in huge fiscal deficities. Now in USA trade war has been started, India is in hope and try to increase FDI from 75% to 100% So India be able to increase the value of rupee. Neither India will be safe in home capital nor be safe in foreign capital. For poors and middle class people more challenges will come. How much poors and middle class people be able to borrow from the business banks. How much middle class people will be able to avail GO partnership.