Basu-CA & RV @Basappamv
Proud Member of ICAI = ( Chartered Accountant}, ('GST', 'INCOMETAX'), (Python Coding) Registered Valuer-SFA) , Activist Bengaluru, India Joined May 2017-
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Bribe is the reality of India. You pay bribe - you get priority. You pay bigger bribe - you can loot the Govt itself. Even in Ganesh pandals - If you are wealthy, you get selfie with Bappa + VIP darshan. If you are poor, security kicks you on your ass while you are doing darshan. From Temple to Government office, money buys respect.
Stop mocking people who ask for Tax Audit date extension. They are not begging you. They are requesting Govt and its their right. They have their own pressure, workload, portal issues, late release of unitalities overlapping of ITR filings. If extension comes, YOU will also enjoy it even if you opposed it today. Have some empathy. We are one community.
Medium of education should be ENGLISH. That's it. Mother tongue / father tongue should be optional, not compulsory. All competitive exams - UPSC, SSC, Banking, NEET, JEE, CAT - are in English. All high court, Supreme Court, corporate communication is in English. Rich send their kids to English medium and become global. Poor are forced into govt schools with local medium and get left behind. This is not culture, this is systemic inequality. Local medium in govt schools is keeping the poor poor. Make English compulsory for all. Language optional.
Govt has collected Rs.40214.34 Crore as STT. This is over and above income tax on Capital gain.
Data on Gross Direct Tax (DT) collections, Refunds, Net Direct Tax (DT) collections and Advance Tax collections for FY 2026-27 as on 17.09.2026 has been released. The data is available on the national website of Income Tax Department at the following link:
Go to any GST or Income Tax office with a genuine issue. No one listens. No empathy. No solution. They will make you run in circles, ignore you like you don't exist. They behave like KINGS. But offer a bribe & same KING will act like your SLAVE. Work will be done in 10 minutes. This is not governance. This is extortion in uniform.
We pay MDR on UPI, then pay GST on that MDR. Taxpayer is punished for everything in GST - 174 sections of late fee, interest, penalty. But for the officer? No penalty for bribe, no penalty for harassment, no penalty for sitting on files for years. Law only for common man, immunity for babus. With this system, Viksit Bharat 2047 is a joke. 20047 tak bhi nahi banenge.
GST officer caught on cam accepting 8 lakh bribe. Central GST Superintendent Mohit Pratap Singh caught by Bengaluru Lokayukta while allegedly accepting an ₹8 lakh bribe to close a complaint against in a pending GST matter. He was working at Kendriya Sadan, Koramangala.
Govts can't run ambulance services on its own. So it outsourced it to private companies. Schools? Private. Hospitals? Private. Airports? Private. Ambulance? Private. Then what is the Govts doing? Just collecting taxes and giving contracts? If everything has to be done by private players, why do we need a Govts at all? We need governance, not brokerage. #Privatization #India
Thought before Good Night: If courts really deliver justice Then Prisons would be full with Bureaucracats, Politicians etc, but not with poor people.
Roadside food = Unhygienic? At least you can SEE them making it. 5-star = Hygienic? Why is the kitchen entry banned then? Because inside there's expired meat, fungus-wala paneer, and cockroaches doing Garba on the floor. We judge what we see, we trust what we can't see.
One international airport in Bengaluru is at border of Andhra Another proposed is just walking distance from Tamil Nadu. Why new international airport not in mid or north part of Karnataka?
Happy Birthday Modi Ji, best wishes and thanks for giving best ever gift of reduction in export duty on diesel by Rs.5. Love you from - European Union, Srilanka, Bangladesh, Nepal, Singapore, Bhuthan
2014: GDP = $2 Trillion 2026: GDP = $4.15 Trillion Growth = ∼2x 2014: Direct Tax Collection = ₹6.96 Lakh Crore 2026: Direct Tax Collection = ₹22 Lakh Crore Growth = 3.16x GDP didn't even double, but taxes TRIPLED. We don't have a Finance Ministry anymore. We have a Revenue Ministry. They don't grow the economy , they just squeeze the slice harder.
Might bro has some business and payments comes from UPO and in more than 2000🤣
Freedom is the default setting of the mind. Restriction is the virus. More rules you create, more curiosity you create. This is not philosophy, this is psychology. Mind is not a child to be controlled. Mind is a river. You can build a dam, but the water will find a way, either it will overflow or it will rot inside. Why we break restrictions?Because behind every restriction, the mind sees a mystery. "Don't open that door" immediately we want to know what's behind the door. "Don't eat that" - that food becomes more tasty in our imagination. Psychologists call it Reactance Theory. When freedom is threatened, we get an urge to reclaim it just to prove we are free. So restriction doesn't kill desire. It fertilizes it. 3 Types of Cages we live in: State-Made Restrictions - The Legal Cage Law is necessary, but mindless law is dangerous. Example: Best example is happening right now in front of us. Govt says: We may put MDR charges on UPI above Rs.2000. What is the immediate public reaction on X, Telegram, Shop groups? "Rs.4000 ka payment hai? 2 baar me le lo - Rs.2000 + Rs.2000" The rule is not even implemented, and people have already found the loophole. Split the transaction. This is what I mean. When you put a mindless limit of Rs.2000 a limit where even 20 litres of ethanol-mixed petrol doesn't come you are not stopping transactions. state is teaching people how to split, how to lie, how to pretend. State wanted to increase tax collection with MDR. Result? People will show 2 transactions of Rs.2000 instead of 1 transaction of Rs.4000. State data will be corrupted, Statetax tracking will fail. This is Reactance Theory in psychology. Threaten freedom, and mind reclaims it with double force. Family-Made Restrictions - The Emotional Cage "Don't talk to him, don't wear this, don't go there, marry who we say." Family does it out of love, but love with control becomes fear. What happens? The child starts to PRETEND. He nods in front of you, and lives his real life behind you. This is the most dangerous. Because now you have lost your child, and you don't even know it. You are living with a stranger who is acting as your son/daughter. Self-Styled Godmen - The Spiritual Cage The most dangerous cage. They sell you fear of hell, fear of karma, fear of god. "Don't do this, you will go to hell. Give money, you will go to heaven." They restrict your thinking itself. They tell you don't question. A mind that stops questioning is already dead. It becomes a slave who thinks slavery is salvation. The Danger of Pretendence When restriction is too high, humans don't obey, they PRETEND to obey. This pretendence is the real evil. A person openly breaking a rule you can see him, you can correct him, you can argue with him. He is honest at least. But a person who is pretending you can never know what is boiling inside him. Is it good? Is it evil? You will know only when it explodes. All revolutions, all affairs, all scams they are not born in one day. They are born from years of pretendence. A society that forces too many restrictions is creating an army of pretenders. What is the solution? Freedom with awareness, not freedom with restriction. Don't tell a child "Don't watch that". Tell him "Watch it, but understand what it is. Then decide. A mind that is given freedom to understand will choose the right path 90% of the time. A mind that is forced will pretend to choose right path 100% of the time, and do wrong when you are not looking. Final truth: You can lock the body. You cannot lock the mind. If you try to lock the mind, it will not stay inside the lock. It will just create a duplicate key called Pretending and give that key to you to keep you happy. Let the mind be free. Give it light, not chains.
We, welcome the MDR charges on UPI above Rs.2000 and also bring the political donations under income tax .
Above Ra.2000 is large value transaction 🤣 Even 20 litre ethanol mixed petrol crosses 2100 in one go this large transaction
The introduction of MDR on large-value UPI transactions (i.e., above ₹2,000) is an important step towards strengthening the long-term sustainability of India’s digital payments ecosystem. It will help UPI in continuing to scale, innovate and serve consumers and businesses across
Why is Cash Payment Above Rs.10,000 Disallowed in India? No Such Rule in USA or China. In India - Under Sec 34(3), if you pay Rs.10,001 in cash to a supplier in a day, 100% expense disallowed. You pay 30% tax on it again. In USA - You can pay $1 Million in cash, still 100% deductible. Just need bill. In China - Pay RMB 5 Lakhs cash, deductible if you have Fapiao. Why this step-motherly treatment only for Indian businessman? Logic in 1968: Stop black money. Reality in 2026: • 80% India is now UPI / Digital • GST + Fapiao system tracks every purchase • Only small farmers, labour, transport still work in cash Who suffers? A factory owner paying Rs.15k to lorry driver for diesel at night - disallowed. A contractor paying Rs.12k to daily wage mason disallowed. A trader buying vegetables at APMC at 4 AM - only cash works. Govt says Digital India, but ground reality is Cash India for many sectors. If invoice is genuine, GST paid, Fapiao available - why punish mode of payment? My demand: Increase limit from Rs.10,000 to at least Rs.1,00,000 for business. Or link it to GST - If GST bill present, cash should be 100% allowed like USA, China. Restrictions should be on receiver, not on payer who is doing real business. #IncomeTax #MSME #EaseOfDoingBusiness
The real reason Make in India is failing: Chinese import scam: Bill 1 container, bring 2. One on paper duty paid, second off paper - no duty, no GST. Indian manufacturer cost: ₹100 + ₹18 GST Chinese smuggled cost: ₹50, zero tax, sell at ₹80 How will local economy survive? Check all SEZ & Mundra/JNPT import data. You will know why economy is dull.
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