I was calculating the amount of TAX I have to PAY to buy a bike worth 18 Lakhs First to pay that 18 Lakh, I have to earn roughly about 24-26 Lakhs so that I pay 30% income TAX. Then I have to pay 28% GST if it is a CBU bike Road TAX I have to pay in Karnataka about 20% (highest in the Country) Then pay Insurance (this also includes some GST) Accessories plus TAX Then pay for petrol with TAX Pay for service Bill with TAX Wear n tear parts replacement with TAX Pay police fines luckily no Tax here.
I feel inly the police people are kind enough to not Tax us. Plz let me know if I missed anything. Can someone plz calculate how much will I be paying as Tax for this bike in whole?
Bulu Pattnaik
I was calculating the amount of TAX I have to PAY to buy a bike worth 18 Lakhs
First to pay that 18 Lakh, I have to earn roughly about 24-26 Lakhs so that I pay 30% income TAX.
Then I have to pay 28% GST if it is a CBU bike
Road TAX I have to pay in Karnataka about 20% (highest in the Country)
Then pay Insurance (this also includes some GST)
Accessories plus TAX
Then pay for petrol with TAX
Pay for service Bill with TAX
Wear n tear parts replacement with TAX
Pay police fines luckily no Tax here.
I feel inly the police people are kind enough to not Tax us.
Plz let me know if I missed anything.
Can someone plz calculate how much will I be paying as Tax for this bike in whole?
2 weeks ago | [YT] | 434