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by wav-part 3516 days ago
> You really think that the Low/Middle class is the target here? Are the people hoarding crores in cash low/middle class?

Earning Rs 21,000/mo even in 2nd-tier cities are not uncommon. Your local small nookad shop (mom & pop shop) can easily clear that in one month. And most of them are not in system. So guess who just had their saving (hoarding? lol) evaporated ?

Those who have too much money, has money to hire tax experts. So IDK this really looks like anus-f__king at scale.