In today's rupee (1972 rupee inflation adjusted), if you earn 1410000 in a year, your tax rate has already hit 57.5% under Indira.
Look it up if you don't believe me.
Anonymous 1
Hey I am on Medial • 3m
Lol that tax structure was implementedt to tackle the losses of war. Please stop posting WhatsApp forwards from BJP it cell
🔥🕉️ BJP announced No Tax On businesses and startups Upto 2 Crores turnover 💰🇮🇳🚀
• Presumptive Taxation ( Section 44AD )
For Small Businesses: Individuals, HUFs, and partnership firms (except LLPs) can opt.
1= Taxable Income Presumed:
• 8% o
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Sudeeptha S
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Today, I will tell you why India, Pakistan, and Bangladesh are poor, with a GDP per capita of just $2,000
India:
• GDP: 3,940 billion
• Exports: 776 billion
• Imports: 854 billion
• Trade Loss: -78 billion
• Main Import Item: Petroleum (170