Household Squeeze and School Fees

This household squeeze report of LocalCircles manager is 200% right.

https://www.localcircles.com/a/press/page/rbi-household-savings-survey

Our family’s income has reduced by 10% in last 2 years and the school in Noida has increased fees by 20% over 2 years for 2 children.

Also, rent has increased by 12% over 2 years and mobile phone expenses by 15%.

We have stopped eating put still we are dipping into savings to get by. It is just not sustainable.

Why cant rich farmers and merchants who do business without gst be taxed and middle class given relief. more  

View all 8 comments Below 8 comments
Inflation is putting the life of Middle class in miserable condition. FM must look in to this aspect and give some relief to middle class. more  
5% TAX PAYERS and 70% people on farm income ; and these are " Govt's son in law" due to vote bank politics. paying to farmers DBT was started in last 10 years only and it was done at the cost of increasing the tax (mainly GSt, petrol etc). Now, govt is cribbing for no growth ..why? Households do not have spare money for food basket, leave aside indulging. tow political stunts .. unbridled reservation so as to kill merit and untaxed farm income without upper limit .. creating huge black money.... will definitely be questioned by future generations. more  
Keeping agricultural income non-taxable is a political stunt keeping in mind the vote bank. Until all the political parties come together to solve the issue keeping in mind its toll over the nation's economy and extra tax burden on common man since independence, it can't be addressed by the ruling party alone. more  
exactly incomes required not expenses ? more  
True, agree more  
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