Finance Minister Nirmala Sitharaman will listen to the cry of the common man burdened by tax in India.
For savings of Rs 100 and interest of Rs 50, one has to pay Rs 10 as capital gains tax. What else is left? Only 300 - out of which expenses on things like toll fees, hospital bills (including GST) rent, groceries and entertainment - are still pending. More than 50 per cent of our income goes to the government.

On February 1, 2025, Finance Minister Nirmala Sitharaman will present the General Budget in Parliament. This is expected to provide tax relief to the people. Citizens of the country expect that after the boom in the stock market last year, many other taxes, including Capital Gains Tax or Capital Gains, were increased. Now that the stock market continues to fall, people hope that the Finance Minister will also offer some relief. Common man burdened with taxes Referring to the increasing tax pressure on the common man, Venkatesh also wrote, "Today, anyone earning Rs 1,000 is paying Rs 340 in taxes. As far as the rest... If you buy petrol for Rs 200, you have to pay Rs 110 as tax. Rs 200 spent on education attracts 36 per cent GST. Rs 100 spent on insurance is taxed at Rs 18 plus GST. GST is levied at the rate of Rs 18 per Rs 100 spent on books and stationery. For savings of Rs 100 and interest of Rs 50, one has to pay Rs 10 as capital gains tax. What else is left? Only 300 - out of which expenses on things like toll fees, hospital bills (including GST) rent, groceries and entertainment - are still pending. More than 50 per cent of our income goes to the government. And wha
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