“Make the tax capital of India in the world is not the solution:

There was an increasing invitation to adjust the tax system in India, with the increase in the number of financial influencers attending to reduce taxes. While one of the influencers said that converting India into “tax capital” in the world is not the solution, another indicated how at the end of their services, the salary category pays more taxes than the savings that accumulate. Another influencer said that Indian taxes are one of the reasons why many people leave the country well.

The founder of the Hell Hell and Finfluense Akshat Shrivastava said the economy is dying and talking about the country’s gross domestic product will not help. Three things can be done immediately to improve the situation: reduce taxes, expand the tax base, and give the job -related incentives to companies.

Shrivastava said that there should be an immediate reduction on goods and services tax and that 15 percent should be the maximum tile. He suggested expanding the tax base including BCCI and IPL, which he said could bring 6000 rupees of additional tax. He also said that the government should provide 0 % tax benefits to startups if they use a certain number of people.

He said: “Imposing taxes on people to death. India has made tax capital in the world not the solution.”

Another influencer that was vocal for high taxes in India said that people pay more than 2.5 rupees in direct and indirect taxes throughout their career, while their total properties and savings do not touch up to 1 rupees. He said: “This reveals the brutal reality, the taxpayers are pressed on dryness, but they do not get anything in return. It seems that the government believes that people are born in India only to pay taxes and suffering.”

“There are many things that you need to understand. One of these things is that the government is milking you as an individual. You get the bad end of the stick,” said investor and experimental investor Jose Paul Martin, and comparing taxes for individuals and companies.

He said that individuals pay nearly 25 percent of their income for the government, without even including the tax of goods and services. If the person who earns 5 rupees is for a cde, your expenses are 1 rupees for Cham, then you pay more than that – 1.3 rupees for the government – for the government. He said: “We have not even arranged it in GST on the goods and services it pays with all the remaining government payment,” adding that the person will be better at the start of a company.

During the Federation’s budget for the year 2025, Finance Minister Nermalla Setharmann announced that there will be no due income tax of up to 12 rupees for Cham under the new system. “This will be 122.75 rupees for taxpayers who return to salaries, due to the standard discount of 75,000 rupees,” she said, adding that the new prices will reduce the middle class taxes and leave more money in their hands.

The tax rate structure has been revised as follows:

Roba 0-4 Lakh-nothing
Ru ru ruler 4-5 %
Ru ru ruler 8 %
Ru ru-16-16 for 15 %
16-20 tuber rupee-20 %
Ru ruric 20-24 for 25 %
Over 24 Lakh Rs. 30 %