AC is Necessity in Dubai But Luxury in India
Both Cities Have Similar Heatwaves in May & June
Dubai Takes 5% VAT on AC and 0 Income Tax
India Charges 28% GST on AC For No Reason
I think next civil war in India happens because of tax . We are facing this huge problem since 1947 and every government force only middle class people's for tax . According to reports only 3.5% people in India paying tax and other are just enjoying
The HNI migration from the UK is higher than from India. These people are all collectively looking for tax havens. The numbers are falling in India, but in countries like the UK and China, it keeps increasing year over year.
GoI, Fin Min should reconsider GST Tax on ACs in India, it ain't luxury anymore. Its a basic requirement now when heatwaves are continuously hitting India.
7 replies12 likes
Rohan Saha
Founder - Burn Inves...ย โขย 2m
When comparing capital gains tax across different countries, India's main competitors are China and Brazil. Interestingly, both China and Brazil impose higher capital gains taxes than India. However, it's important to note that India also levies a Se