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
Reliance Jio Launched Free ‘Sound Pay’ Feature on Its Jio Bharat 4G Feature Phones
Merchants Won’t Need To Pay For Soundbox
They Can Use Their Mobile as Soundbox
Another Interesting and UPI Friendly Feature
India orders Samsung and its executives to pay $601M in back taxes and penalties for evading tariffs on crucial telecom equipment imports. A major blow for the tech giant in India. 🇮🇳📱
Groww is going IPO 📈
Groww, India’s largest retail stockbroker, is planning to file for an IPO within the next 10–12 months.
-> The targeted valuation 💸 - $6 billion to $8 billion, over double its last valuation of $3 billion in October 2021.
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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?