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		<title>ITR: Tax of Rs 1 crore paid, person lost his job due to layoff, pain after posting, debate started</title>
		<link>https://fastnewsglobe.com/itr-tax-of-rs-1-crore-paid-person-lost-his-job-due-to-layoff-pain-after-posting-debate-started/</link>
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		<pubDate>Thu, 23 Jul 2026 00:21:27 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[1 CR Income Tax]]></category>
		<category><![CDATA[Income tax]]></category>
		<category><![CDATA[Income tax return]]></category>
		<category><![CDATA[Indian Professional Layoff]]></category>
		<category><![CDATA[ITR]]></category>
		<category><![CDATA[ITR 2026]]></category>
		<category><![CDATA[ITR Filing]]></category>
		<category><![CDATA[ITR filing 2026]]></category>
		<category><![CDATA[ITR NEWS]]></category>
		<category><![CDATA[job lost in layoff]]></category>
		<category><![CDATA[layoff]]></category>
		<category><![CDATA[Layoff News]]></category>
		<category><![CDATA[Mohammad Nowsath]]></category>
		<category><![CDATA[The person filed ITR of Rs 1 crore]]></category>
		<category><![CDATA[The person filed ITR worth Rs 1 crore]]></category>
		<category><![CDATA[The person who filed ITR worth Rs 1 crore was fired from his job]]></category>
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					<description><![CDATA[<p>ITR Filing 2026: An Indian man said on social media that he would have paid...</p>
<p>The post <a href="https://fastnewsglobe.com/itr-tax-of-rs-1-crore-paid-person-lost-his-job-due-to-layoff-pain-after-posting-debate-started/">ITR: Tax of Rs 1 crore paid, person lost his job due to layoff, pain after posting, debate started</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;"><strong>ITR Filing 2026:</strong> An Indian man said on social media that he would have paid tax worth around Rs 1 crore till now. But still he was shown the way out in the recent layoff in the company. Now people are reacting to this post, some are feeling sad for this person, while some are consoling him.</p>
<p style="text-align: justify;"><strong>What is the post?</strong><br />Actually, a young man named Mohammad Nausath has shared a post on social networking site X. In this post the young man wrote, &#8216;In his career of 14 years, till now about Rs 1 crore has been paid as income tax. Now he is being fired from his job. There is no sign of a support system. Thank you India. As soon as this post was shared, it became viral on social media.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">14 years of career, paid close to 1 cr as income tax so far. Now, being laid off. </p>
<p>Absolutely no trace of any support system. Thank you India <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f64f.png" alt="🙏" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f910.png" alt="🤐" class="wp-smiley" style="height: 1em; max-height: 1em;" /></p>
<p> — Mohamed Nowsath (@Md_Nowsath_) <a href="https://x.com/Md_Nowsath_/status/2078477466105217468?ref_src=twsrc%5Etfw" rel="nofollow">July 18, 2026</a></p></blockquote>
<p style="text-align: justify;"><strong>Also read: Lalit Modi: Lalit Modi will return to India after 16 years, got big relief from the tribunal in the ED case, said &#8211; I will become a grandfather again&#8230;</strong></p>
<p style="text-align: justify;"><strong>social media reaction</strong><br />As soon as this post went viral, reactions started pouring in on social media also. Many users are consoling the person regarding this post, while many people are giving different reactions to it. A new debate has erupted on this post regarding taxes and government facilities. Because the person also told that he has just come to know that the severance pay received on leaving the job will also come under the ambit of tax.</p>
<p style="text-align: justify;"><strong>Post went viral before the last date of ITR 2026</strong><br />This post has gone viral before the last date for filing ITR. After this, different opinions of people came forward on social media. Some people said that there is not enough government help for people in case of job loss in India. At the same time, some people said that every person should keep his savings and emergency fund ready for such a situation.</p>
<p style="text-align: justify;">This debate that started on social media really raises many questions. If a person does not get the facilities even after paying so much tax, then what is the benefit of paying such tax. However, in such times, tax saving schemes like EPF, NPS and 80C also prove beneficial.</p>
<p style="text-align: justify;"><strong>Also read: City of dreams or furnace of expenses? How much money do the youth living in PG flats in Delhi lose every month?</strong></p>
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<p><a href="https://www.abplive.com/business/itr-filing-2026-an-indian-professional-who-paid-1-cr-of-tax-laid-off-share-post-on-social-media-3164135" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/itr-tax-of-rs-1-crore-paid-person-lost-his-job-due-to-layoff-pain-after-posting-debate-started/">ITR: Tax of Rs 1 crore paid, person lost his job due to layoff, pain after posting, debate started</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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