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If India has 0% Income Tax? l Urnisha Chakraborty
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The abolition of Income Tax is an idea which appeals a lots of Indians . This is also a reality in many countries across the world. As many as countries like UAE , Bermuda , Panama ,Monaco don't have personal income tax in their countries. Some don't have corporate tax , How do these countries generate their revenue ? I explain this hypothetical scenario & how India could potentially make zero income tax .
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Topic
Introduction
Basic Concepts of Taxes
Difference between Direct Tax and Indirect Tax
Advantages of tax is abolished in India
Disadvantages of tax abolished in India
Reasons
Conclusion
Do support by subscribing this channel
Thank you ❤️
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The abolition of Income Tax is an idea which appeals a lots of Indians . This is also a reality in many countries across the world. As many as countries like UAE , Bermuda , Panama ,Monaco don't have personal income tax in their countries. Some don't have corporate tax , How do these countries generate their revenue ? I explain this hypothetical scenario & how India could potentially make zero income tax .
_----------------_-----------------------------------------------------------
Topic
Introduction
Basic Concepts of Taxes
Difference between Direct Tax and Indirect Tax
Advantages of tax is abolished in India
Disadvantages of tax abolished in India
Reasons
Conclusion
Do support by subscribing this channel
Thank you ❤️
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