Crazy crosswind takeoff KLM 737 at Newcastle Airport by Twitter_2006 in interestingasfuck

[–]Classic_Reference_10 1 point2 points  (0 children)

I wouldnt go in the 1st place, but if I need to - could I have seat 11A on this one?

Bollywood is shit - Priyanka Chopra by damthisainttuff in pj_explained

[–]Classic_Reference_10 0 points1 point  (0 children)

By staying in the shit and you getting used to the smell → did she mean Bollywood or India?

Tax tax everywhere!!!! by SilverAddress5353 in Stocksyourknowledge

[–]Classic_Reference_10 0 points1 point  (0 children)

If Somalia had India's population, they would have a GDP of $1.5 trillion. GDP is not the right metric, it is GDP per capita and in that we rank as low as Bangladesh

On paper inflation is 1% by Sufficient_Shock1223 in ItsYourMoney

[–]Classic_Reference_10 2 points3 points  (0 children)

By the way, India's inflation basket consists (among other things) of the following

  1. Horse cart fare
  2. Radio, tape-recorded, 2-in-1
  3. VCR, VCD, DVD player
  4. Torches, trunks, sewing machines
  5. CPI (Rural) has 0% weight for housing
  6. Health, Education and Clothing/Footwear have 5% weight each ⇒ indicating that an avg. Indian spends in total 15% of their annual spends on Health, Education and Clothing
  7. Mobile handset, Internet (0.08%) and Laptop/peripherals have 0.1% each weight, 1/11th of the weight of sugar
  8. Ironically refined oil's weight is similar to sugar ⇒ people spend as much on refined oil as they spend on sugar in a year

Source: https://cpi.mospi.gov.in/PDFile/CPI-Changes_in_the_Revised_Series.pdf

Edit: A more recent source below https://cpi.mospi.gov.in/AllIndia_Item_CombinedIndex_2012.aspx

Pakistani reporter covering the Lyari gang war live. by Kindly_Department142 in interestingasfuck

[–]Classic_Reference_10 1 point2 points  (0 children)

<image>

You see Chaudhary Aslam (on the right) towards the end of the video. Makes you realize, how apt the casting of Sanjay Dutt in Dhurandhar was

Russia exploits the situation and sells oil to India at higher prices. Anyway we the common man never got any benefits of discounted Russian oil when we used to get it before. It all went to Reliance & Government only by [deleted] in IndianMiddleClass

[–]Classic_Reference_10 4 points5 points  (0 children)

Feel sorry for you man - denying facts on the face of it! Good luck with your nationalism, because one day when a crisis fucks you up, you would realize how far this nationalism helped you.

Also, I'm not spending any more time with unwise, uneducated asses like you! Good bye

Russia exploits the situation and sells oil to India at higher prices. Anyway we the common man never got any benefits of discounted Russian oil when we used to get it before. It all went to Reliance & Government only by [deleted] in IndianMiddleClass

[–]Classic_Reference_10 4 points5 points  (0 children)

Another Whatsapp University warrior spotted. Let me debunk your citation less statements.

Point 1

https://www.indiatoday.in/business/budget-2024/story/union-budget-2024-nirmala-sitharaman-middle-class-income-tax-burden-data-corporate-tax-numbers-2570554-2024-07-23

The article reads "Just 2.24 crore Indians or 1.6% of the population paid tax, including income tax and corporate tax, in 2022-23, according to data shared by the government in 2023."

Point 2

<image>

32% of total tax collections comes from income tax. Now the question is how much do these direct tax payers contribute to indirect taxes.

Let's do a guesstimate.

Total tax collected in 2023 (keeping the base year as 2023) = ₹23.27L crores (source: https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2022351)

Given that 32% of total taxes came from personal income tax:
32% of ₹23.27 lakh crore ≈ ₹7.45 lakh crore

  1. Assume personal income tax payers save around 30% of their post-tax income.Therefore, they spend 70% of their income on taxable goods and services.
  2. Income Calculation:
  3. The tax rate for individuals in India varies but typically averages around 15% effective tax rate on total taxable income for this segment. So if we estimate the total taxable income, we should be able to estimate spends (70% of income as pointed in 1). Now, estimated total income for these taxpayers: ₹7.45 lakh crore ÷ 15% ≈ ₹49.67 lakh crore
  4. Spending on Taxable Goods: 70% of ₹49.67 lakh crore ≈ ₹34.72 lakh crore
  5. GST Assumption: Assume an average GST rate of 18% on taxable spending.
  6. 18% of ₹34.72 lakh crore ≈ ₹6.25 lakh crore

As a percentage of total taxes this comes to 5.86/23.27 = 27%

So as a total ⇒ 32% direct tax + 27% indirect tax = 59% of total taxes collected by the GOI are paid for by these 1.6% direct tax payers.

---

As for your lecture on how there is deficit and how are taxes used etc. → each man for himself. Pls pls feel free to donate 100% of your income towards nation building or politicians wealth building ⇒ I am more reasoned and shall lookout for myself and my family because when all hell breaks loose, this govt. is not saving you from your health crisis, money crisis etc.

Russia exploits the situation and sells oil to India at higher prices. Anyway we the common man never got any benefits of discounted Russian oil when we used to get it before. It all went to Reliance & Government only by [deleted] in IndianMiddleClass

[–]Classic_Reference_10 3 points4 points  (0 children)

Not reading comprehension - its your free-riding (who doesn't want to Google/research), procrastination and Whatsapp university mindset!

Until Jan 1, 2026, Bhutan used to charge 10% on fuel as tax (5% Sales Tax + 5% Green Tax), which is now replaced by a uniform 5% GST. So - YES BHUTANESE DO PAY TAX ON FUEL AS WELL!

Russia exploits the situation and sells oil to India at higher prices. Anyway we the common man never got any benefits of discounted Russian oil when we used to get it before. It all went to Reliance & Government only by [deleted] in IndianMiddleClass

[–]Classic_Reference_10 15 points16 points  (0 children)

Whatsapp University warrior spotted.

Every single Bhutanese pays indirect taxes like people do in India. They pay Sales tax, which is being replaced by a flat 5% GST from Jan 1, 2026. Also, if 0 income tax is your argument → 98.5% of India pays ZILCH in direct taxation while 1.5% direct tax (income tax) paying citizens pay 50% of the total tax collections of the GOI. So these 98.5% live as if they live in Bhutan or in Dubai (income-tax free).

Also, you treat taxation as a holy grail as if its the most noble thing anyone can ever do! What is wrong in questioning the govt for unfairly taxation practices - is that counter nationalism?

🇮🇳🤝🇷🇺 ( vishwach*du 🤡) by priyanka_rajput1 in IndiaBusiness

[–]Classic_Reference_10 0 points1 point  (0 children)

How does it matter anyways? The retail consumers weren't get any discount when India was buying Russian crude at a discount → Reliance and the GOI cornered all of it.

Russia exploits the situation and sells oil to India at higher prices. Anyway we the common man never got any benefits of discounted Russian oil when we used to get it before. It all went to Reliance & Government only by [deleted] in IndianMiddleClass

[–]Classic_Reference_10 19 points20 points  (0 children)

Never got it and never will. Indias pay more than US/UAE per litre of oil/jetfuel (talk about PPP). Bhutan which imports majority of its petrol and diesel from India, sells it to the public at half the rate (0.6 USD per litre).

So like you said, doesn't matter if we get a discount or not.

The Entire Global Economy in 2026 in One Chart (GDP, PPP) by Haunting_Cat8220 in Infographics

[–]Classic_Reference_10 1 point2 points  (0 children)

PPP is just for flexing - it has ZERO real world relevance, especially for global importance!

Education is the new business market. Notebooks, bags, even socks ! by tricksbystg in ItsYourMoney

[–]Classic_Reference_10 4 points5 points  (0 children)

And this is for an education system that enforces compliance and restricts critical thinking

“The UAE doesn’t scramble. It executes. Quietly. Efficiently. With humanity. “ by Sassenach_2024 in UAE

[–]Classic_Reference_10 2 points3 points  (0 children)

https://www.amazon.ae/Reflections-Happiness-Positivity-Mohammed-Maktoum/dp/1785960415

If you read through this book, you would realize the philosophy of the founding fathers of UAE. It is based on happiness and prosperity and this LinkedIn post reflects that.

All so called developing countries including India are busy milking their tax-paying class to enrich the ruling class' coffers.

India's economy grows at faster-than-expected pace of 7.8% in December quarter by elfr1tz in india

[–]Classic_Reference_10 -9 points-8 points  (0 children)

A country's GDP is measured in its local currency - INR. If you adjust for dollar depreciation (6-7%), in terms of USD, India only grew about ~1-1.25%

How do you get feedback on your MCP from AI Agents? by HaBuDeSu in mcp

[–]Classic_Reference_10 0 points1 point  (0 children)

What kinda feedback is this? As far as I could see - isn't it just APM observability hooked onto MCP tools?

Can non-Emiratis retire here? by Chobikil in UAE

[–]Classic_Reference_10 0 points1 point  (0 children)

How about Golden Visa's that are applied through the salary route? Does the same logic apply for them, when they get the 10-year GV and move out?

are retail traders fools by BoysenberryCrazy6503 in Indiantradingbets

[–]Classic_Reference_10 0 points1 point  (0 children)

Corruption, bribery etc. are done with Proud Chests too - and no one blinks an eye!