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History always repea...ย โขย 8m
๐ Leave India, where they even tax your popcorn โ statement from a startup founder has sparked a lot of aggressive discussions ๐ฌ ๐ The founder, who returned to India after studying at top institutes in the U.S., set up a business employing 30 people with an average salary of โน15 lakh. ๐ผ Despite securing substantial funding and growth, the founder voiced frustration with India's taxing system, especially the high GST rates on even the most basic items, like popcorn. ๐ฟ ๐ฅบ This statement highlights a larger issue โ high taxes that burden both businesses and individuals. The founder's frustration isn't just with taxes on luxury items, but with the overall economic environment that hinders innovation and growth. ๐ง High-income Indians are particularly affected by taxes, which seem to limit their ability to grow wealth and contribute to the economy. ๐ฐ ๐ฎ๐ณ The recent debate around the GST rates on popcorn is just one example of how the tax system is seen as overly complex and sometimes unfair. This public outcry reveals deeper concerns about India's regulatory environment, which is still evolving. โ๏ธ ๐จโ๐ป For entrepreneurs, this brings attention to the need for policy reforms that can foster a more business-friendly environment. India's growth could be accelerated if taxes were simplified and more focused on encouraging innovation, entrepreneurship, and high-paying jobs. ๐ ๐ชจ As India continues to evolve economically, it's essential for policymakers to consider how these taxes and regulations are impacting businesses and individuals. More balanced and fair tax structures could go a long way in driving India's future success. ๐ ๐ข What's your take on this matter ?
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