Wednesday, July 29

Many professionals shared stories of clients facing tax payment challenges despite high salaries. Critics of the government highlighted reduced tax exemptions and a lack of financial literacy.

 <span class='webrupee'></img>₹</span>1 crore package, no money to pay tax: Social media reacts to CA’s post, ‘High income may not mean better savings’” width=”600″ height=”338″ fetchpriority=”high” loading=”eager”></picture><figcaption> ₹1 crore package, no money to pay tax: Social media reacts to CA’s post, ‘High income may not mean better savings’<strong>(Pexels)</strong></figcaption></figure>
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<p>Chartered accountant Pratibha Gupta has shared an anecdote about an IITian client. On social media, she said she had just filed his income tax return. The post has gone viral, garnering nearly 8 lakh views.</p>
<p>The client reportedly earns a package exceeding  <span>₹</span>1 crore. He has held this salary level for the past five years. He also owns three houses, two of which are still under construction.</p>
<p>Despite this, he claimed he had no money to <a target=

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