Hiding behind aliases.

"Finance Minister Nirmala Sitharaman...said that unlike several developed nations, the Modi government did not raise taxes to fund the recovery of the COVID-hit economy and focused on raising public expenditure as it has a multiplier effect," BS. Maybe because she had already increased peak effective tax rate to 42.7%, higher than 40% in the US, in the 2019 Budget, before the pandemic struck, moneycontrol. This was done by adding a surcharge of 10% on income of Rs 5-10 million, increasing to a surcharge of 37% on income over Rs 50 million, IT Dept. Isn't it strange that despite her generosity, "Over six lakh (600,000) Indians have given up their citizenship in the last five years, according to the data by the Ministry of External Affairs, 40% of being in the US," TOI. Why did a rich Gujarati family pay $100,000 to people smugglers to get to the US illegally and tragically froze to death in Canada? TOI. "The Centre earned nearly Rs 8.02 lakh crore (Rs 8.02 trillion) from taxes on petrol during the last three fiscal years," Sitharaman informed the Parliament in December 2021. After reducing excise duty on petrol and diesel in November 2021 by Rs 5 we are still paying 50% as tax on the price of petrol and 40% on diesel, BT.  She "also took a dig at the Congress by recalling that the then Prime Minister Indira Gandhi had prescribed marginal rate of taxation to 93.5 percent on income above Rs 2 lakh (Rs 200,000) and India's first Prime Minister Jawaharlal Nehru for attributing price rise in 1951 to Korean war, though India was not very much globally inter-connected." "Aviation turbine fuel (ATF) - the fuel that helps aeroplanes fly - was hiked by Rs 17,135.63 per kl, or 18.3 percent, to Rs 110,666.29 per kl in the national capital," which is the highest ever, ET. "With the hike of 50 paise in the price of petrol and 55 paise increase on diesel on Sunday (today) the rates have been increased by Rs 3.70 per liter in five days," Mint. India may not have been globally integrated during Nehru's time but we still had to import oil and Rs 200,000 during Indira Gandhi's time would be worth around Rs 2 million today, according to the rupee dollar exchange rate, wikipedia. As for infrastructure, "A total of 443 infrastructure projects, each entailing Rs 150 crore (Rs 1.5 billion) or more investment, have been hit by cost overruns totalling over Rs 4.45 lakh crore (Rs 4.45 trillion)," according to the Ministry of Statistics and Programme Implementation (MoSPI), FE. Some people must be celebrating. Then there is the RBI, the proverbial Aladin's cave. The Reserve Bank (RBI) was forced to transfer an unprecedented Rs 1.76 trillion to the government, including Rs 1.23 trillion as dividend, in August 2019, Mint. The RBI transferred Rs 991.22 billion for the 9 months from July 2020 to March 2021, almost double of Rs 535.11 billion that Sitharaman wanted, BS. We are waiting for this year's bonanza with bated breath. It may not be labeled as tax but it is still our money. Using an alias is no conciliation. For us.