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BJP failure Analysis


srinivas_sntr

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BJP sure to lose more allies, business friends and workers from middle class and salaried.
With rates of essentials going up each month for one or other products, veggies, pulses. Rates for the power, drinking water, petrol going up so do the education and medical costs which are needy.
The GST has not brought in much change compared to the previous to GST with 2-3 Rs discount for every Rs 100 and for some it increased because of the tax slab they were into from the previous tax slab.
The money for spending /Saving has become too less after all the expense to basic things for salaried middle class.
This govt makes people to fall trap into one segment first and then when people are trapped tax the investments made.
They reduced the bank interest and made people get into equity and other debt funds When the govt saw that people hurdling to this category they taxed 10% straight on those investment when redeeming the investment. Now the bank rates are down.
People moved to real estate and now for the last 2-3 yrs the rates have gone down badly and there are more supply than demand but the builders are not willing to sell for lesser price waiting for prices to rebound. After GST / RERA all the more worst that real estate investment is dud. Jewellery (Gold/Silver/ diamond) is one which people will now move into which will for sure be taxed in the coming days else have limitations on holding per family. Politicians get salary doubled with lifepension even serving for 5yrs more perks
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