The government recently announced the Union Budget for the financial year. There were a lot of expectations on the budget from the people.We have to say that the budget did not meet the expectations and it fell short of meeting them. Even the tax slabs were not satisfactory.
On top of this tax is applicable on everything. Not just the common man but even the investors were not happy with this. A noted investor came up with a parody song to express dissatisfaction on the taxes.
Vijay Kedia, a popular investor, had released a short video asking how they can pay that much taxes. He used the tune of a popular song in the Bombay movie to compose the song.
He vented out the dissatisfaction of the taxpayers in the song. He asked Finance Minister Nirmala Sitharaman how they can pay the taxes due to the high amount.
He said that Securities Transaction Tax (STT), STG,and LTCG were increased. In the name of dividend pay double taxes are charged. How we can pay the taxes he asked.
Adding further he said that they are suffering from Sugar and BP too with thee taxes. His song hit taken the social media like a storm with netizens widely hailing it.
They say that the Investor said what they wanted to and express their dissatisfaction with the tax system.
The investor beautifully sang the song and his vocals are ear soothing. Moreover he highlighted the problems faced by the people with the taxes which made it more relatable.