Rajiv Bajaj Slams Government's Tax Policy | NDTV Profit
Over taxed, over priced! Bajaj Auto MD Rajiv Bajaj slams government policies.
#bajaj #pulsar #tax
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Пікірлер: 634
As a consumer, let me do the math: 1. First I pay 30% income tax. From the left amount, if I buy a vehicle, then, 2. I pay 28% GST + 12% Road tax = 40% of car amount 3. To run the car, I need to buy petrol which is taxed at 50% (outside of GST) 4. Still to drive down to rishikesh, I pay INR 3000 toll to use the road WTF !
@arunk.7708
2 ай бұрын
Correct
@RecluseRider
2 ай бұрын
And then you don't get to keep your car after 15 years after giving taxes on spare parts, tyres, service, petrol/diesel.
@madanaselvam3583
2 ай бұрын
@@arunk.7708 Bharath Mata ki jay😂
@nh--66
2 ай бұрын
Government of Any party Screws salaries people like anything. We look at governments as leech. They only loot us using tax as a weapon. They dont use that money for well being of country. They do all possible negative things. I dont feel like earning. I want go below poverty line and survive on freebies now. Hone do desh ka srilanka
@nareshbisht7620
2 ай бұрын
Earn money and move to dubai is the best option we got. We dont get shit back in rturn of our tax
The reason why people are leaving indian citizenship.
@BJPdarkhistoryINDIA
Ай бұрын
You are incorrect if across India tax is lesser, I am over 45% tax slab in Uk, Canada is 50 %. USA is similar. Yes if you come to these countries as Refugees/asylum seekers then you are a liability to the nation with benefits and 0% Tax😅😮
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
@kaushalkumarsingh6063
Ай бұрын
@@BJPdarkhistoryINDIAwhy not compare the earnings in the west and in India? In west, they provide you services in lieu of taxes like Unemployment allowance, free medial, better air quality, better schools and everything. What does the Indian govt give you? Nothing absolutely nothing
@rayyanabdulwajid7681
Ай бұрын
@@BJPdarkhistoryINDIAAtleast those countries provide many benefits to their citizens, like social benefits, educational benefits, unlike India
@2MaulaJatt01
Ай бұрын
@@kaushalkumarsingh6063what are u talking about bro? There is employment crisis even in west like in Canada there is home crisis ppl are living in streets and Canada healthcare system is far worst then india
If you have less than 60k salary, you pay 0 IT tax, but still pay 35k-40k as indirect taxes. But if your salary is 80+ then you pay 75% of your salary as direct and indirect taxes. This country has one of the highest taxes and lowest return on taxes. The police is not for people, it's for the service of VVIPs, hospitals are crap, judiciary is a joke, bureaucracy is even worse. Yet none of us ask government about it, if you do , our families will be harrased, there is a systematic autocraticism of India is going on and no one is saying anything.
@fizzybubblech2128
2 ай бұрын
Correct
@maqbooldarash1109
2 ай бұрын
Right!
@iaf010
2 ай бұрын
Go live in Dubai.
@shyamfootprints972
2 ай бұрын
Very well said. You hit the nail on the head beautifully. I wish everyone in this country wakes up and asks the right questions to each and every Government fior the last 75 years as to why they keep harassing everyone in this country forever? How can politicians behave with such immense stupidity and keep this country dirty and poor forever?
@iaf010
2 ай бұрын
Tell me where indirect tax is not there. Was indirect tax not there EVER in India in last 200 yrs ?
But Nirmala madam does not use 2 wheelers.
@sangeerpurayil6653
Ай бұрын
She hates onions as well
@akashgeorge5433
Ай бұрын
She drives electric only so doesnt have to comment on fuel prices
@ShriNidhi-zu2im
Ай бұрын
She puts more tax for South Indian products 😅
@kkirann143iloveu
Ай бұрын
😂😂
@rahulsharma-zt6br
Ай бұрын
She does not get enough salary which can be taxed.
The government of India is the richest business organisation in India
@entertain3452
Ай бұрын
So if government didn't became rich it's easy for them to get corrupted and funded by rich nation like usa .. and became a puppet state...in this world no one doing smaj seva Everyone want money if I give you 100 cr u and told u dance butt naked in road u will dance butt naked......
Bajaj is correct. 😡 India has become tax guru
@juPi05tEr
2 ай бұрын
Bajaj should find other things to do instead of crying here.. Government should tax more to reduce the number of vehicles on road and the pollution they create.
@jec_ecart
2 ай бұрын
@@juPi05tEr wrong.
@ProfB27
2 ай бұрын
Ek Saal me 28% tax bhar ke 1 hi gaadi lete ho na? Wo gaadi 6-7 Saal chalate ho na? Fir effective tax 4-5% hi hai.. which is same as going to a hotel..
@Correiawilton
Ай бұрын
Mr bajaj woke up now 😂
@Correiawilton
Ай бұрын
Mr bajaj woke up now 😂
Indian scoundrel govt. charging 28% GST on Health Insurance which absolutely basic necessity. What more you can expect from this greedy govt.?
ED visiting Bajaj soon for speaking the truth 😅
@mr.nobody3751
Ай бұрын
don't fear ed man, always stand for what is right, always stand for our country
@sheshpratapsingh9391
Ай бұрын
सही प्रश्न उठाना आवश्यक है। बिना किसी डर के।
@kumarraj2012
Ай бұрын
I love that he is asking the jokers questions..! ❤ unlike some spineless “celebrities”
@user_1abc
Ай бұрын
There are enough lawyers to bail him out but in the end there wont be anyone to bail this Govt out. #04Jun24
@sandeepjugni2347
Ай бұрын
He had criticized the government on many occasions, nothing different and nothing happened. These kind of free speech is actually a welcome one.
Modi and Nirmala can't understand this 😂😂 They would say GDP 5 😂😂 But 90% of the Indians are living under 25k INR per month 🤦🤦
@sounakghosh9335
2 ай бұрын
25k still is dream for most…
@anantmb
2 ай бұрын
Whats your alterative? A group of parties who have only want to come to power by giving out freebies worth 15lakh crores.. who want to check how much money you have and redistribute it to so called poor and minorities.. Do you think they will reduce the taxes or increase it to fund the 15lakh crore freebies?
@fizzybubblech2128
2 ай бұрын
Modi may be bad but at least they are not genocidal like Congress @@anantmb
@iaf010
2 ай бұрын
Oh yeah, nobody can understand this except you - thats why all the indirect taxes and direct taxes are at all time high collections - because nobody can afford anything and people are all dying from poverty!
@manh9105
2 ай бұрын
@@iaf010 how do you think the govt runs
True, the tax rate is ripping off the funds for R&D and Capex from the manufacturers
The general public pays 28% GST meanwhile politicians and their family members enjoy free petrol allowance, telephone allowance and other freebies.
@raavan71
Ай бұрын
28% is only applicable to certain items. Read the GST tax rate first😂😂😂
@manishsingh7534
Ай бұрын
@@raavan71 certain means just 1009099000000000 items
@ShivamSingh-bw9rt
Ай бұрын
@@raavan71bike and cars levy flat 28% doest matter you but 100cx bike or 300cc bike
@Shinigami77772
Ай бұрын
pension as well :)
ED is coming Rajiv Ji Wait for a call from Shenshah😂😂😂😂
Yes I absolutely agreed , imaning I have given some of my clothes for laundry Govt asking.me to pay 18 % GST 😂😂😂😂 , what is govt roll in this my clothes I have given it to wash ......why Govt asking me to pay 18 .... Why there tax in each and every thing sometimes it seems worst than British , even they have taken 4 Guna lagan they have billed. Some long lasting infrastructure too in , democracy and just on paper actually situation very bad if any politician moving from any road it get blocked for some time why ????
@arnavkushwaha4720
2 ай бұрын
Politician are not allowed with lal batti now ...is there not a changed for you? ...why not you buy khadi ...which is better option than cotton etc...
@juPi05tEr
2 ай бұрын
Are you asking rationale for taxation? Open your eyes man, taxes and death are the only certanities in the world come any government.
@ProfB27
2 ай бұрын
Ghar pe dhona kapde.. khud se istri krna.. ameeronke Shauk paloge toh amironka tax bharna padega..
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
He is right. Toyota too have raised this concern many times in past.
@vivejk4443
2 ай бұрын
These rich guys are the reason why poor people hav e to suffer. They are busy finding loopholes in the system and diverting their funds overseas instead of just paying tax
@ageless1003
2 ай бұрын
@@vivejk4443 not all but rich guys like Amitabh bachan and Gautam Adani. Do you remember Panama Papers ?...the names are already there with Modi government, did they act anything on it ?
Pay the income tax and then pay GST for everything you buy. Is it heading towards English rule or even worse than that?
Perfectly said 👏 the government just taxes Indians to infinity, taxes of high end luxury imported cars is around 2.5 times the actual cost and we get rubbish roads after paying so much it's a shame.
@social.bharatvasi
2 ай бұрын
Yes. Might as well use the money to bring people above the poverty line... A 70 yr legacy...
@anilraghu8687
2 ай бұрын
He will never allow to reduce import duty below 200%
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
@sanchitsankhyan3904
Ай бұрын
@@anilraghu8687one of the reason is to force manufacturers to make in India.
Vishvaguru of Taxila😂
GST is 28% because govt hs no money for both infra development & freebies for the poor
@kaushikganesh6216
2 ай бұрын
Just appeasing the masses with our money 😡
@harshnaik6989
2 ай бұрын
Ya thats why BJP become world richest party with declared assets more than 4700 cr, dont know how much undeclared assets they hold. How much they spend on campaining, waving off loans of Adani and Ambani
@vivejk4443
2 ай бұрын
Congress in Karnataka is richer than bjp. Explain@@harshnaik6989
@nabyendu16
2 ай бұрын
@@harshnaik6989don't be a WhatsApp University student loans of neither ambani or adani were waived off
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
A very sensible person, definitely a rare kind these days! Hats off to you, sir, for not fearing any draconian measures from the government and speaking your mind! ❤
@Spr-no9oy
2 ай бұрын
Oh please , the whole of media is in a state of cacophony, so pl stop this rhetoric abt freedom of speech
@Batman-dc8dq
Ай бұрын
Just for record, his father Mr Rahul bajaj's naming ceremony was performed by honorable PM Nehruji and so he is fearless and unbiased.
@sagek7949
Ай бұрын
@@Batman-dc8dqhuh? Logic RIP
Bikes are not luxury in india ..its a necessity ..India should abolish income tax n collect thru GST at 28%
Economy will collapse and people come on roads to fight against taxation
@Correiawilton
Ай бұрын
But when ? After 50 years?
@udhayakumarMN
Ай бұрын
Never
Yes, make it 40%
The corporations are showing a spine finally. Modi toh gayo ❤😂
Mr. Bajaj, why not share details of How much VAT and sales tax was levied learlier??? Does it suite your political view for not sharing that info??
This country has the highest taxes in the world still doesn’t have functioning traffic management system.
Salute to his guts for questioning the government Taxation is high and every year the price of vehicle is rising year on year and people wanting to buy vehicle for less price are handed with cheap make of product causing their life
Very true!!! Kudos to pointing this out!!
well if the ministers were educated they would listen but they are simply too arrogant and stubborn.
Middle-class been squeezed by Govt.
This is the harsh reality of economics and populist democracy. I we want a developed nation we would have to pay tax. But in return we should expect certain necessary public goods and service from government. 99% of the population has no knowledge of Public Finance.
@anilraghu8687
2 ай бұрын
BJP uses tax efficiently without leaks
@RamananRamanan-vo2cl
2 ай бұрын
@@anilraghu8687yes no doubt
@user-bk7lc8eg8n
Ай бұрын
@@anilraghu8687 Kuchhh bhi...XD
Before GST, the tax rate on two-wheelers used to be 30%. This applied to all types of bikes. After GST was introduced, the rate applicable on two-wheelers in India is between 5% to 31%. All 2 wheelers below 350cc is 28% Gst ke Pehle 30% tax Tha. Pehle kyun nahi Bola?
GST hurts the poor and middle class the most. It's a Indirect Tax.
@nabyendu16
2 ай бұрын
As if there was no taxes before GST...average tax rate was higher before GST was introduced & taxes on vehicles were above 30% pre GST
@Ambal-1
2 ай бұрын
@@nabyendu16andhbhakt 2 rupees commenter 😊
@juPi05tEr
2 ай бұрын
@@nabyendu16 GST killed the countless taxes and cesses, octrai and what not. That is why Congress ecosystem is jumping up and down, they are reduced to few state governments and there are no direct ways to fleece citizens..
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
Where do I get full video
like father n like son. a gentle man who takes india forwards..
Exactly GST should not be 28 percent in India which ultimately caused extreme inflation in India and Indian FM says many things bla bla bla.
@mlg1279
2 ай бұрын
In con gress era, it was called VAT. The rate was just as high
@vijayarjean8863
2 ай бұрын
Tell me the inflation rate in 2024 and 2013 if you know more than the FM.
@johnnybravo19871
2 ай бұрын
It was not. During congress time it was 12%.
@mlg1279
Ай бұрын
@@johnnybravo19871 In 2012, it was actually 27% for large vehicles, and 24% for medium vehicles.
Really appreciate him for speaking out his point without fear
Modiji will conduct "random" ED CBI Income Tax Raids on Bajaj Headquarters now.
@ProfB27
Ай бұрын
Bhai rahul ko leke aao.. iss Bajaj ki puri kamai gareebonme baat dega..
@thewebheadgt
Ай бұрын
@@ProfB27 Ye AKTK wala hai kya? 🤡
@ProfB27
Ай бұрын
@@thewebheadgt bhai waise toh aab ki baar 400 paar.. but rahul ki bakwas idea logonko batane me Maja aata hai..
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
@kumarraj2012
Ай бұрын
Lovede se Modiji aur uski raid..! 😅
Maximum pollution is caused by government related activities. No control nothing. Its like blaming a block drain for yamuna pollution.
@raavan71
Ай бұрын
What are the activities by Govt. That increases pollution?😂😂😂😂kuchbhi boldetha hai.😂😂
@jec_ecart
Ай бұрын
@@raavan71 trolls army spotted
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
Pay gst, registration, road tax, 60 percent tax on petrol and now pay toll tax based on kilometers run oh National highway. Still people want to pay 1000 rs for petrol just for modi.
@kaushikganesh6216
2 ай бұрын
Problem is modi or any other politician all do the same and educated people don't even vote leaving the leadership to the person who can pay for votes and the public don't even question high taxes they blindly want to vote for their politician of choice with some fatherly love based on caste etc.
@mlg1279
2 ай бұрын
Pappu will tax u to high heavens - he will need lakhs of crores for his harebrained Nyay schemes
@Odia_bhaina
2 ай бұрын
@@mlg1279 we'll know that only after he comes. Even he knows that if he raises taxes he'll lose the next election.
@mlg1279
2 ай бұрын
@@Odia_bhaina Well, he is very likely not coming to power - thankfully
@nabyendu16
2 ай бұрын
Pre GST taxes on vehicles were above 30%
Still waiting for 15 Lakhs 😜
Very much agree with you sir.. Govt. Should consider reducing the GST.. I Think other companies should also raise this point
Wrong why consumer payment 28%?
Government should atleast reduce tax on products based on indigenicity of products. For eg. If the product is 100% indian then reduce by x% and tax increase as per the import percentage of the product (if the product isn't available in india yet / can't be manufactured then tax must sit between or slightly lower than full import tax ) . This helps the local for vocal.
Why not Bajaj finance reduce interest by 1%
Exactly my question from the time GST came to effect
Have a flat tax slab of 2 or 5%. Also no tax on basic food items like milk. Also either tax income or expenditure not both. This is open loot.
@RamananRamanan-vo2cl
2 ай бұрын
No GST for Milk do you know that?
@jec_ecart
Ай бұрын
True. Too much loot.
@Peoplevoice09
Ай бұрын
WHat's happening in India is called Tax Terrorism !!
I agree Sir GSt must be reconsider It has to be lowered rate Govt has closed eyes
Absolutely true. There should be no more GST than 15% Max or even 10% is perfect for a poor nation like India 🇮🇳
इसीलिए मैं इस बार भाजपा को वोट नहीं देने वाला हु न ही मेरे परिवार में कोई देगा पिछली बार गलती हो गई थी , इतना महंगा पेट्रोल ऊपर से इतना ज्यादा टोल tax और कही जाना हो तो तो ट्रेन में 2 महीने पहले से ही वेटिंग अगर ट्रेन में सीट नहीं दे पा रहे हो तो प्राइवेट बस से टैक्स कम कर दो हम उसी का इस्तेमाल कर लेंगे लंबी यात्रा के लिए , प्राइवेट बस पर भी इतना टैक्स की 400 वाला सीट उनको 1000 में मजबूरी में देनी पड़ती हैं 😡 , ऊपर से टोल लूट अलग , न तो ट्रेन में सीट दोगे न ही बस से जाने दोगे ।
@stabilityconquest
Ай бұрын
It is not the issue of bjp , whomever came in the power in the developing world has the same pattern of taxation.
Although it sounds horrific, this is precisely why the Government is doing it. Taxing ICE more, allows the government to keep the curb on the overselling of those engines whilst subsidising electric engines to help promote their penetration into the market... That is the governance.
They said they will have 1 rate for GST! We have 6-7 different rates😢 and crazy high taxation!
High time India gets a literate and bold FM
Common people pay 34% income tax. Companies want to keep all the earnings and want minimum gst when they pay null in taxes. Also ur margins increases if gst is reduced, prices will not change that much
Indians are paying 18% GST on Internet Recharge. Why Slacky Govt.? Is this Digital India?
Did bajaj criticized 97.5% tax during license raj
Small bike 100-150 cc bike par 18 percent GST hona chahiye
@ShivamSingh-bw9rt
Ай бұрын
Upto 125cc 12% Above 125cc 18% Above 200cc 28%
This man, Rajiv has given us a lot of fine bikes in budget. We own a lot to him. I purchased Bajaj Discover 125 back in 2018. It is wonderful bike having power and good mileage both. I would never have got to use such a great product without this man.
There is only 3% tax base for Direct taxes which is almost minimum in whole world..a country in which 80 Crore people are supposed to be provided monthly basis to feed. Defence is another headache as we are on 2.5 front war like situation every time. Only source of income for India is this tax .Now decide what should be done or what should be the right strategy ..
Though i will always be a supporter of modji but why housing societies maintenance are burdened with GST that to of 18% all members after paying all taxes after that huge GST on maintenance bill of society which i think is very unreasonable
Bajaj sir, as a manufacturer please reduce the price of vehicles, from your side.
Even on fantasy apps government throw 28 tds deduction 😢😢 Even if u win 5 rs.
Atleast vehicles or companies which are able to bring down emission should get tax breaks.
100% agreed! 💯💯💯💯💯💯
Sir! You are better than Ambani , Adani, Tata 👌👌
Like Father like Son....loads of guts...kudos.....
@anilraghu8687
2 ай бұрын
What guts? Father spoke after he paid 1000s crores to Congress.
28% GST on Two wheeler + 11-12% RTO tax
We need to change the government and bring one single gst tax rate..
Who will pay for rich farmers? They receive all subsidies, loan waivers, pay no income tax.
If petrol cars will cost 28+12 % =40% tax and electricity vehicle with Lithium Battery with 0% tax, then we will purchase battery car, it will increase lithium demand, lithium will get supplied from Kashmir and that property owned by Adani wow such visionary thinking of our leaders
Also buy an EV, govt giving subsidy too and there are hell of models nowadays
I think it's away of encouraging middle class to walk and maintain fitness. I mean we middle class over the years have been enjoying certain perks ( owning automobile, buying decent phones, joining gym buying suppliments ) that should be limited to only the rich and our benevolent politicians. govt may even start taxing birth of children too , hey the govt needs to finance welfare schemes for poor and tax cuts for our competition hating industrialists.
Sir ur brand has delivered the best bikes
Sign of changing gov. 🎉
Under 3 lacs vehicles ,the tax cap should be around 15 percent.
GST should not be more than 15%.I agree.
@Jesssco
2 ай бұрын
Not more than 10%
Fearless genuine industrialists
Ipl pays 0 tax, rich people pay 0 tax by getting write offs from govt policies and the common pays 28% on everything. Gst used to be 18% lol. Now a 15 rupees ice cream is 75 rupees 😂
This is the criticism we need, our taxes are absurd.. and what for? So that thugs like Kejriwal buying out the judges?
Really two wheeler upto 200 cc should be taxed under 10 percent because most of the middle class people use it.
Salute 🫡 to U Sir..!!
Thats the GARIB Hatao Yojna , not garibi Hatao.
❤
Unlike other automobile owners like twitter mahindra who dances to the tune of govt... bajaj has always spoken his mind fearlessly. Hes right.. 2wheelers are meant for aam admi. Its just a basic mode of commuting. Why so heavy taxation on 2wheelrs?
now it's time for people who pay tax need respect and need to get benefit... for business man who create job need to be given benefit and the professional people who pay tax need to get benefit... :)
respect
We all should raise our voice like Rajiv then this deaf Government will listen.
So that we can develop india
Income tax is really high in India. And facilities like education medical treatment are all privatised. Not govt sponsored. This long term capital gains tax must go away.
I wonder why people in the comments dont ask the question, why don't we design cities that are less car/two-wheeler centric. Its proven that car free cities are better in every aspect
Why do we have to pay 28 % GST? Most pertinent question.
From adani's channel?
GST IS WAYTO HIGH IN INDIA..IT MUST BE BROUGHT TO APPROX 10% THAT IS ACCEPTABLE TO MAX PEOPLE
I wonder about this question everyday while buying groceries..
In this way the income tax shud be zero coz we are already paying tax on almost everything. Except no tax on breathing air.
i agree
I don't think he doesn't know the truth. The commodities requiring govt approval or govt control are taxed highest, as there's no threat of smuggling. That's why there are many duties and taxes on Vehicles, fuel, Stock shares and likes. On other commodities, there's possibility of smuggling as there's no account of consumption.
Looting people money
Why the hell bajaj Finserv charge 20 to 40 percent interest on loans..why logic always for others not for self
Rajiv Bajaj is fearless
God bless him