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For a 1 crore income, A farmer pays zero taxes. A street vendor pays zero taxes. A corporate pays 25L on profits. A salaried employee pays 31L tax on income. When will everyone pay their fair share of taxes? any ideas how can it be fixed?

Nike's $4 Billion Tax Scam Nike has 2 companies: 1. 🇳🇱Netherlands - sells products, pays employees. 2. 🇧🇲Bermuda - has zero employees, but owns the Swoosh logo. Every time Nike sells a product, the Dutch company pays a royalty fee to Bermuda

Many of you have know that only less than 5% population in india, pays taxes. But there is reason for it. According to this economic times report, only 1.8 crore people earn more than 5 lakhs annually (~2%). And if you earn less than 5 lakhs, you leg

GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr

Can anyone explain these to me we buy car and pay taxes on it and also pay toll tax on it and again use petrol which is taxed why are we paying these? Can anyone explain.

The rich avoid taxes with a strategy called “Buy, Borrow, Die”, by using assets as collateral to borrow money, and write off interest as a tax deduction Step 1: Buy assets (hold to avoid taxes from selling) Step 2: Borrow money at low interest rate

How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha

Tax like london and service like afghanistan, And they ask the reason of brain drain

Why should you pay gst and sgst on service charges? That is illegal. If you are not happy why should you agree to pay service charges? I see they got cheated.. Tax should be on bill.. which means 1214 * 5% which 60.70 but they added gst on service c