What if India has 0% Income Tax?

What if India has 0% Income Tax? | Dhruv Rathee

Рет қаралды 3,818,504

Күн бұрын

The abolition of Income tax is an idea which appeals to a lot of Indians. It may not be as unrealistic as it sounds since BJP’s own Subramaniam Swamy is an active proponent of this. This is also a reality in many countries across the world. As many as 23 countries like UAE, Bermuda, Panama, Monaco don’t have a personal income tax in their countries. Some don’t even have corporate tax. How do these countries manage to earn revenue? What are the sources of income for their governments? I explain this hypothetical scenario and how India could potentially make zero income tax.
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0:00 Introduction
1:17 Direct Taxes vs Indirect Taxes
4:50 Advantages of Zero Income Tax
8:14 Disadvantages of Zero Income Tax
9:06 Case Study: UAE
10:23 Case Study: Monaco
11:08 Case Study: Bermuda
12:20 New Sources of Income?

Пікірлер: 10 000

@dhruvrathee 2 жыл бұрын

Special 15% discount for all subscribers when doing ITR filings with TaxBuddy, India’s Most Trusted Tax Filing Platform! Use this Link: filemyreturns.taxbuddy.com/DhruvRathee If you enjoyed this What if.. episode, feel free to give more suggestions on future topics :)

@RUPJYOTIBENIYAYT 2 жыл бұрын

When Atif Aslam sang "Kya se Kya hogye dekhte dekhte" he was talking about every person of my life...

@RUPJYOTIBENIYAYT 2 жыл бұрын

❤️

@alokrout5599 2 жыл бұрын

I really like your videos 👏👏 very informative

@susantparty2869 2 жыл бұрын

Sir jharkhand per based vedio banaye sir 🙏🙏🥺🥺. Ye bahut amir h fir v garib h please banaye sir 🙏🙏🙏

@susantparty2869 2 жыл бұрын

Sir hindutwa or Hinduism per ek vedio banaye sir please 🙏🙏🙏

@ravishkumarshorts2849 2 жыл бұрын

I'm ready to give more tax, but I don't want my money to be wasted on netas and corrupt system. I want some Strick rule on corruption then I will be convinced to give tax for the benifit of my Bharat

@jeuzermotorwala2330 2 жыл бұрын

Yaar tu phir agaya pele video toh dekhle

@general_77 2 жыл бұрын

@@jeuzermotorwala2330 😂😂 ha na yrr

@kushalsharma97 2 жыл бұрын

@@jeuzermotorwala2330 bhai bhai

@apurbaguhathakurta9855 2 жыл бұрын

@DhruvTatti Kabaap benefit* 🙂

@nishantpaul4422 2 жыл бұрын

Maja aabi giyo

@vamsikrishna9501 2 жыл бұрын

When you are paying 25% income tax, you are working 3 months of every year for govt of India. Now vote with this perspective.

@abhinavsagar2025 2 жыл бұрын

and yet this comment doesn't have likes which shows the mentality of the normal citizens

@8d_trackz_official480 2 жыл бұрын

if u are paying 33% tax then abt 4 months

@KUXZ25 2 жыл бұрын

wow🤑

@sureshmina 2 жыл бұрын

Its true man

@vamsikrishna9501 2 жыл бұрын

@varun prasad But all their service sucks police, courts, municipal services, govt offices, etc and the infrastructure is horrible. I am getting a terrible ROI for the huge taxes I pay. I would rather offload these services to multiple private companies who can do it more efficiently but I cannot. Govt has a monopoly over this and can legally do violence against me. It's not just bad, it's terrible. People are getting raped, police bully the victims, military kills innocent civilians, courts take forever to give judgement, Roads are filled with garbage and Roads become garbage after 1 rain. Govt sucks, terrible ROI.

@Unavailableayush Жыл бұрын

we want you continue what-if series, it's really very fascinating to get the answer which used to think but then we ignore that question.

@user-mutahir Жыл бұрын

To diversify their revenue sources, the Indian government could consider implementing other forms of taxation, such as a goods and services tax (GST) or a wealth tax. The government could also explore privatization of state-owned enterprises or increase revenue from non-tax sources such as dividends from state-owned enterprises, interest on loans, and revenue from natural resources

@kumarbaivabjha546 2 жыл бұрын

One politician told me that RICH CLASS enjoy and run political parties. MIDDLE CLASS feed poor & infrastructure LOWER CLASS just for vote.

@anjitahlawat 2 жыл бұрын

This line truly deserve a retweet 🤔

@premchandsharma5081 2 жыл бұрын

Sir thoda muh dhok bal val bna k baitha kro acche lgoge

@prism2451 2 жыл бұрын

Indian middle class is very small actually. What we think middle class is actually lower class

@random.....200 2 жыл бұрын

Right

@dduchovny2270 2 жыл бұрын

!Save

@ashishvats 2 жыл бұрын

Then CA students don't need to read such a vast syllabus of Inc Tax😅

@syedaeramsafiya7042 2 жыл бұрын

😀

@igshorts9356 2 жыл бұрын

❤️

@DixitJain098 2 жыл бұрын

What about those who already read that vast syllabus?

@ganeshchoudhary9096 2 жыл бұрын

iski wajay say indirct tax ka sllybus bad jayega ....

@HarpreetSinghChauhan 2 жыл бұрын

@@DixitJain098 unka knowledge waste nahi hoga

@swikriti_p3107 11 ай бұрын

This video makes difficult ideas easy to understand, like having a patient teacher.❤

@irfanjamadar9096 10 ай бұрын

Great explanation Dhuru, brave reporter.... hat's off

@rahulkharyal8287 2 жыл бұрын

Tax: 1. On political party funding 2. On politician trading amongst each other 3. On Swiss bank wire transfers from India

@yashvendra_singh 2 жыл бұрын

@@saiprakashreddy8590 first read the textbook of class 6 and see the definition of government

@saiprakashreddy8590 2 жыл бұрын

@@yashvendra_singh Bro, try to find humour in it🤦. I think you are one of them who claims "I know everything" 😂😂😂

@nihangwangu1620 2 жыл бұрын

Lets make India Hindu country first and then we can abolish tax. Every democratic country has tax. UAE etc. are Muslim countries.

@arjayreyangdow8325 2 жыл бұрын

@@nihangwangu1620 oohoo...nice,so that we will be robots of a political party who owns the remote...btw,do have any common sense....stop this kind of jokes to create/remake india(bharat) as a hindu country...pehle tu Pakistan ya bangladesh ko hindu country banna

@sumit7977 2 жыл бұрын

Ab Garib logo se tax nai Lange to..govt MLA Kaise Kharid Payenge

@-the-great-8827 2 жыл бұрын

Dhruv : "Govt. Can remove income tax and propose Inheritance tax" Govt: "Yeah, let's propose Inheritance tax along with income tax"

@crazyrebel7406 2 жыл бұрын

Then people: let's bring down this govt 😜

@waqueeuzzama 2 жыл бұрын

L... Ki sarkar 🥴

@kanwalsarab 2 жыл бұрын

@@crazyrebel7406 wo to waise bhi karna hee chahiye

@SammisamxWorld 2 жыл бұрын

But actually there can be compromises Like govt can reduce Income tax percentage & start taking inheritance tax as an repayment

@kevinmccallister8646 2 жыл бұрын

None of these things are possible

@shreyansrey8371 Жыл бұрын

If there is No income tax for people earning under 1 crore instead of 5L .... then what percentage of tax will be lost out of 26%.

@godnepal3069 7 ай бұрын

If india were to have 0% tax, individuals and businesses could explore alternative income sources such as investments, entrepreneurship, and diversified streams like real estate or stocks. However, it's crucial to balance risk and consider long-term sustainability in financial decisions. Seeking professional financial advice can be valuable in navigating these opportunities ❤

@paramsingh4104 2 жыл бұрын

I paid ~1 lac every month as income tax while working in India on my salary. Felt so exploited considering the miserable infrastructure and roads in Bangalore.

@vinukaushik29may 2 жыл бұрын

Exactly!! You should start looking for foreign offer!

@harjasx 2 жыл бұрын

Removal of income tax would remove sense of exploitation too

@kunalchoudhary6533 2 жыл бұрын

can u plz tell which is better for software engineers india or canada?

@raavanraavan2948 2 жыл бұрын

I will become a farmer.

@dr.pakalupapito6015 2 жыл бұрын

@@kunalchoudhary6533 That’s a non-question. The country that gives you lots of benefits, safety, and money. I don’t think India gives you all that compared to the other one.

@rajarshighosh4821 2 жыл бұрын

Bottomline is that in a highly corrupt country, it's always the honest man who suffers.

@JK-yw2dl 2 жыл бұрын

True

@evm6177 2 жыл бұрын

🍷AMEN! 🙏👍

@Inkandinspiration123 2 жыл бұрын

Honest middle class or lower class man

@lightningboy906 2 жыл бұрын

@@Inkandinspiration123 especially job man

@harshu8918 Жыл бұрын

💟💟 *TELL UR PROBLEMS TO JESUS CHRIST. HE WILL DEFINITELY SOLVE ALL UR* *PROBLEMS. ✅BCOZ HE LOVES YOU SO MUCH THAT ''HE GAVE HIS ONE AND ONLY SON, THAT WHOEVER BELIEVES IN HIM SHALL NOT DIE or DESTROY BUT HAVE ETERNAL LIFE''. ✅JESUS DIED FOR UR SINS, HE WAS RAISED FROM THE DEATH TO MAKE US RIGHT WITH THE GOD. ✅HE IS ONE AND ONLY GOD. ✅IF U ASK FOR FORGIVENESS FOR ALL UR SINS, THEN HE WILL SURELY FORGIVES U. ✅READ BIBLE EVERYDAY ✅BE READY FOR ONE DAY HE WILL COME AS A KING IN THE MIDDLE OF THE SKY. ✅ AND ONLY THOSE PEOPLE WILL GO TO HEAVEN WHO LIVES ACCORDING TO THE LORD, REST OF THE PPL WILL BE JUDGED BY HIM ON THAT JUDGEMENT DAY.* *✅MY FRND U CAN'T TOLERATE HELL WHERE THEIR WORM IS EVER LIVING AND THE FIRE IS NOT PUT OUT. EVERYONE WILL BE SALTED WITH FIRE* *✅DON'T FALL IN THE TEMPTATIONS OF THIS TEMPORARY WORLD. ✅PROTECT URSLF FROM ALL TYPES OF* *DISTRACTIONS. ✅FOR THIS WORLD IS TEMPORARY BUT HEAVEN IS PERMANENT. ✅ JESUS said, ''Talk to me like I was a friend sitting across from you,* *and tell everything that's going on with you.'' Now, jesus already knew what was going on inside of me, but he just wanted me to get it out so that He could put things into their proper perspective..* 💟💟 🙏PRAISE THE LORD🙏

@gowthamm2768 Жыл бұрын

Best idea is government can build it's own organizations to generate revenue. For example government can start it's own food processing plant and export it to other countries to generate it's revenue.

@jagat8128 Ай бұрын

Loot kar kha jaate hn government employees

@ParamjitKaur-uq5wj 2 ай бұрын

Dhruv Rathee you are a innocent loyal and desh bhakht. You are speaking very nicely and speaking thruth. God bless you.

@antrmrj4806 2 жыл бұрын

I stopped paying income tax from 2020......as my company fired me during Covid lockdown and no company hires me as I am 52 years old. And I don't get any social security despite having paid income tax for past 28 years

@JK-yw2dl 2 жыл бұрын

Sorry to learn that. Hope you get what you are looking for. My best wishes.

@evm6177 2 жыл бұрын

🍷👍👍

@diauser3327 2 жыл бұрын

this will same status for all of us soon

@luckypanda4869 2 жыл бұрын

God bless us and save us all from this!!!

@knowledgeworld7238 2 жыл бұрын

You can think to Start your own you tube channel of your expertise

@abhaysingh-hg4ro 2 жыл бұрын

salaried person giving maximum taxes. First from salary then in form of gst on all purchases.Its hurt when half hard earned money gone like this

@yashpandey3.3.3 2 жыл бұрын

Because government dont want people to be servant.

@Sourav_MadridCF 2 жыл бұрын

@Союз Советских Социалистических Республик Bro ambani's networth is 6,81,090 crore and Adani's networt is 5,27,790 crore.

@PRASHANTMISHRA-ek3wb 2 жыл бұрын

salaried person to ghotala bhi karte hain jada

@ekta9789 2 жыл бұрын

@@yashpandey3.3.3 aao bhakt

@yashpandey3.3.3 2 жыл бұрын

@@ekta9789 🙏🙏 . Abhi samay nahi hai waha tak aane ka..mauka milega kabhi..yo aur aage tak aayenge.🙃

@Cricket_live45279 7 ай бұрын

Instead of demolition of income tax we would have imposed half of the existing income tax. And and also imposed 1% or 2% income tax on marginal earnings to recover the govt revenue. We should make a strict provision while making our bank a/c to link our pan cards so that we can keep check on individuals monthly earning. This will really help to grow our nation without any loss and compromises..

@shadbadgujar20 Жыл бұрын

Mitron was personal 😂😂

@Anosh_Lawrence 2 жыл бұрын

Around 1% of income tax payers and their collection is 1/4 of govt’s Revenue 🤔🤔 intresting.

@clashcloud5720 2 жыл бұрын

So?

@kapilgaud97 2 жыл бұрын

Coz India's richest 1% of the population hold 42.5% of national wealth.

@Void_from_Abyss 2 жыл бұрын

@@kapilgaud97 60% National wealth bro

@funkyamii 2 жыл бұрын

@@kapilgaud97 richest dont pat tax, there are many loopholes there

@srijanbiswas2409 2 жыл бұрын

Government can double taxes, then 1% would pay 50% govt revenue and it won't matter if 1% vote against BJP..

@Ritik_Nandan 2 жыл бұрын

I never expected that economics could be so interesting! In my school, economics was just a thin-sized book that we only used read when our exams were near. Thank you so much Dhruv for always making videos like these.

@nareshjamwal5690 2 жыл бұрын

Truee

@shyamsingla716 2 жыл бұрын

You must be in 10th or below.... economics is a completely different subjects from what primary classes tell you.

@bestt_272 2 жыл бұрын

@Saksham Shukla wtf now people started comparing subjects also🤣🤣🤣🤣 ( Mera Desh Badal rha hai 🤣)

@Ayxsh_ 2 жыл бұрын

@𝕻𝖑𝖊𝖝𝖚𝖘.𝖈𝖔𝖒 are your country's PM is from science background. 🙃 Or your country produces scientists that are excellent in economics as well 🤣🤣

@akshaydey6959 2 жыл бұрын

Economics samajh lia toh bhai govt se nafrat ho jaayega 😂😂

@feelfreetolisten1626 2 ай бұрын

If it happens total mutual funds, stocks market also becomes ups and downs conclusion:- when price increase demand decrease

@skjamshedquadri7567 2 ай бұрын

Sir Aap ko salaam

@DharmeshDaula 2 жыл бұрын

Finally someone is taking this serious..income tax is tax harrassment for the salaried people. I am in favour of abolishing incometax. As i dont have any benefits of my own for paying tax, for ex,during covid times,people lost their lives and savings to corporates and hospitals. Paying taxes didnt help. Abolishing income tax would make me spend more and save for a better future

@eashanshetty8879 2 жыл бұрын

That only, only 5 percent of India pays income tax and they want india to be like the west. First pay your own taxes.

@nihangwangu1620 2 жыл бұрын

Lets make India Hindu country first and then we can abolish tax. Every democratic country has tax. UAE etc. are Muslim countries.

@just_tweet 2 жыл бұрын

Income tax kam karne keliye privation kiya jaraha tu kuch youtubers ko us pe bhi dikat hai 🙃

@eashanshetty8879 2 жыл бұрын

@@just_tweet Sahi baat hain

@eashanshetty8879 2 жыл бұрын

@@nihangwangu1620 For me, taxes aren't the problem. For me the problem is that why so less people pay it. If payers are less then either make it for everyone or remove it.

@Jr_Scientist Жыл бұрын

10:25 Monaco ke bare 12th main ek chapter hai English Subject. Accha hai sab kuch tax ke baare main bataya gaya hai I'm from Karnataka

@user-Moniskhan 9 ай бұрын

bina bakwaas k itni imformative video banate ho 🤩🤩🤩🤩🤩🤩🤩🤩😘😘😘😘😘😘😘😘😘😆😆 thank you so much

@ramsingh-pn9iw 2 жыл бұрын

First thing that comes into my mind when I think of Zero Income Tax is that there would be no Income Tax Department and many of my friends working in IT Dept would be accommodated in other CG departments.

@shaanrana2541 2 жыл бұрын

Chartered Accountant's be like:- career sankat mai hai😂

@superexperiment09 2 жыл бұрын

Chartered accountant 🤣🤣🤣

@harshu8918 Жыл бұрын

@vandanatelagi5772 2 ай бұрын

😂😂😂😂😂😂 yep

@RohitchaharXD Жыл бұрын

Good source For GOVERNMENT INCOME: Government Companies Like LIC, BSNL, etc. Also, in return, These companies will grow too

@pankaj_455 Жыл бұрын

Excellent research, that's why i follow you

@litdope5615 2 жыл бұрын

Source for Other Revenues : Sale of MLA's purchased during election

@imposatisfaction5984 2 жыл бұрын

Yes

@Sai-hu6ig 2 жыл бұрын

Hahah loll

@areendas3833 2 жыл бұрын

Lol 😆

@indianlion9652 2 жыл бұрын

🤣😂🤣

@ageless1003 2 жыл бұрын

bhai MLA ki kharid par bhi GST lagao

@allenjoseph4433 2 жыл бұрын

If income tax is removed, then people spend more money, then gst revenue will increase, and companies will also earn more, corporate tax revenue will also increase. When corporate earn more because of consumer spending, employment will also increased then this cycle goes on. Ultimately govt can recover from other sources

@KrishnaSharma-mg8rt 2 жыл бұрын

But income tax remove krne se ameer aur ammer hoga aur gareeb aur gareeb 🤔🤔

@ahesanaliasamdi7949 2 жыл бұрын

@@KrishnaSharma-mg8rt tune meri dil ki baat bol di...

@sagnikroy828 2 жыл бұрын

@@KrishnaSharma-mg8rt how? When company's sales go up, an employee's salary will also go up.

@KrishnaSharma-mg8rt 2 жыл бұрын

@@sagnikroy828 Company ki sale badhegi to sabse jayaada profit CEO, manager, other big persons ko jayada hoga and employees ko kam and income tax hatne ke baad agr salary badhegi to inflation bhi hoga.

@anjliaparna9955 2 жыл бұрын

@@sagnikroy828 india would turn into a capitalist economy if this happened...being a 'developing nation' it needs to focus on welfare of the society too....and if corporate world started developing to that extent and a major part of goverment's revenue would get crashed bcuz of no income tax who'd pay the soldiers, the IAS,IPS officers and all those ppl who are not a part of the jobs that generate revenue.

@UshaDevi-mv6in Жыл бұрын

When GST is already paid on every item, there is no need for income tax.,tax on FD interest and so on..How many taxes a individual should pay?

@ChhatarNahata Жыл бұрын

Per square feet security and maintenance fee for the value of property owned, will be a viable alternative, as you can't manipulate area. In municipal areas this is already charged, in apartment also this is charged as maintenance charge,only govt need to enhance this charge to take care of central and state needs. Similarly villages also can be taxed based on infrastructure provided to them by government.

@mg.f.9023 2 жыл бұрын

"THE SUPER RICH DON'T AVOID TAX. THEY EVADE IT."

@luckybattle9054 Жыл бұрын

Everytime I pay income tax it's too difficult understand 1)Buy car - pay high tax on gas + toll tax everytime Still road is not standard.. scam in road quality visible.. 2)Buy house - Pay big tax amount When you buy house / flat even there no facility around still need to pay l. 3) Light bill - Light bill + almost hidden tax 50% 4) daily need - Everything we buy daily which added GST Even all this I need to pay income tax now ...

@gautamchawla2762 3 ай бұрын

Right... This thing pinches so badly...

@sibraheem1 2 ай бұрын

💯💯💯💯💯💯

@ushakiranpandey9604 4 ай бұрын

Dhruv ,,i am now going through all your vdos after distorship wala vdo.. Great going dear I feel All knowlegeable vdos shud be shown to students in their schools ,,then you hardword and research will get the justice Love you ,,keep up the great work

@kiranthakur1328 2 ай бұрын

Yes but andhbhakts won't understand

@ajitsonwane6937 Жыл бұрын

3:41 touched my heart 💖

@jaifying5074 2 жыл бұрын

I think inheritance tax, taxes on alcohol tobacco and other toxic substances must be added this can not only makes government rich but also maintain the health of citizens

@upriserinternationallegend208 2 жыл бұрын

Government is more curious about the taxes but not for the welfare of public & health. Sad 😥 reality

@monkeyhacker0771 2 жыл бұрын

@@upriserinternationallegend208 any profs

@upriserinternationallegend208 2 жыл бұрын

@@monkeyhacker0771 Go for a walk outside kid & then watch

@monkeyhacker0771 2 жыл бұрын

@@upriserinternationallegend208 what about the free vaccines, how gov is buying, polio drops, etc. u just need everything but u dont want to pay taxs, it deosnt make sense

@monkeyhacker0771 2 жыл бұрын

@@upriserinternationallegend208 tell me what will happen if i go out and what should i watch give me details if u have proofs

@shaktisinghrathore6580 Жыл бұрын

Kaun Kaun Short dekh ke aaya h 1RS wali

@Islamicdeen7867 8 ай бұрын

😂 me

@engineertradinggroup01 4 ай бұрын

@GauravKumar-tw8xe 4 ай бұрын

Me😂

@naritak8396 3 ай бұрын

@ZishanGouli 2 ай бұрын

😅

@abhishekjavali1524 Жыл бұрын

Its absurd to remove income tax completely, but the govt should at least give some tax credits to people who pay. Yes, everybody pays indirect taxes, but salaried people pay income tax + the indirect taxes also and get absolutely nothing in return. If there are some tax credits given (like cashback), people will be more inclined to file their ITR and claim benefits from it like healthcare, education etc.

@Jr_Scientist Жыл бұрын

The only 1 channel almost everyone watch without skipping 👊💥.....

@turtlecreek6043 2 жыл бұрын

Election Bonds should be taxed at 50%

@turtlecreek6043 2 жыл бұрын

@Neptune yes

@ninitk4989 2 жыл бұрын

Government should increase tax on alcohol , Cigarette , and Custom duties.

@amulyaraj8897 2 жыл бұрын

Are pehle se to itna mehenga ho rakha hai, aur kitna tax lagwaoge

@anu917 2 жыл бұрын

Why custom duties bhai?

@shojibkhan2932 2 жыл бұрын

That would be a horrible idea. You should read a bit about elasticity of demand.

@subhamsoy1280 2 жыл бұрын

@@amulyaraj8897 acha hai na!!! Atleast log log alcohol aur smoking kam kar denge aur medical expenses kam ho jayenge

@x.plorer 2 жыл бұрын

They should tax ppl for commenting useless stuff on yt 😂

@seasofjupiter 9 ай бұрын

......and this is how India works 🙂

@kookiejk777 8 ай бұрын

Imagine if dhruv bhaiya is taking viva of class 12 economics... 😮😮

@Hassan-hn1bm 2 жыл бұрын

One thing i wanted to learn from druve is the speaking skill He explains everything in a decent way✌️

@sujoymukherjee5058 2 жыл бұрын

That fluency my god!!

@x.plorer 2 жыл бұрын

Multiple takes, but still yes the energy he puts against bjp govt is amazing 😂

@hrsharora339 2 жыл бұрын

Bjp rip

@PynzKharz 2 жыл бұрын

and the Andhbhakt are jealous of him🤣

@Hassan-hn1bm 2 жыл бұрын

@Drac U dear the title of this video was what if,he is not encouraging this idea but talking about it

@ravishkumarshorts2849 2 жыл бұрын

Ambani, Adani, MLA, MP, Minister, Govt employee pe kabhi Income tax ki raid kyu nahi hoti, Sirf chote bussinessman aur chote newschannal pe kyu hoti hai.

@gauravrana1300 2 жыл бұрын

PARTY BADALNE P SBII P PDTI HAII

@techihandle 2 жыл бұрын

Abe ghonchu govt employees aur Pvt employees ka tax pehle cut jata hai, employees tax dene me haramipana nai karte, tax ki chori wyapari hi karte h

@notevencalm 2 жыл бұрын

Can't believe you're really this dumb

@techihandle 2 жыл бұрын

Bhai tu ravish kumar nam kharab kar ria hai.

@SachinSingh-mf5eu 2 жыл бұрын

@ekagar singh check out the difference between , that river water and that bottle of water , and also the cost it takes to transport water from that river to you , also when water came in hands of corporates it gave job to lakhs of people

@Jr_Scientist Жыл бұрын

Demerits of Zero Tax Indirect tax is regressive in nature “YOU BUY, YOU PAY”. if the government ends the direct taxes then the common people would then see the rise in the costs as the government would attempt to create its revenue from the indirect taxes as a result this will levy a higher tax on the consumer goods.

@j4journey581 Жыл бұрын

One interesting observation - 130 crores Indians paying GST (26% or govt revenue). 1 crore Indians paying income tax ( 25% of govt revenue). Huge exploitation of income tax payers. 😐

@renukapakodiya4935 2 жыл бұрын

12:41 Tobacco cigret alcohol drugs pe 150% tax daalna chahiye Agar Himmat hai or talab hai to khareedo Varna healthy raho😂

@anamol6995 2 жыл бұрын

Exactly you are right

@rishigupta5859 2 жыл бұрын

India h janab yeh jab log lockdown mein 200 ka rajshree kha sakte h toh kuch bhi kar sakte h

@sharvamotegaonkar5806 2 жыл бұрын

Yes

@ananyaatri2898 2 жыл бұрын

Some drugs have medicinal importance.

@MELODY-ng8tx 2 жыл бұрын

You r right but it would create more crimes for sure..

@abdulrahimqasim9562 2 жыл бұрын

That "Mitron" smile on Dhruv's face is Exclusive material.

@kushalyadav720 2 жыл бұрын

😂❤️

@naturalworld2863 2 жыл бұрын

😂😂😂😂 feku ki acting 😂😂

@armstrong2450 2 жыл бұрын

The issue is why he targets only one person. Are the other politicians 100% honest? 😐

@bestt_272 2 жыл бұрын

@@armstrong2450 Kyuki Modi ka Pura Bharat Janta hai uske raj kholta hai apna Dhruv bhai🤣🤣🤣

@satyamsharma6624 2 жыл бұрын

@@armstrong2450 because he is the elected prime minister besides being a politician who is responsible for the country and his government.

@yogeshjadhav_001_official_7 Жыл бұрын

create school fee / collage fees diference between caste

@fareedahmed5442 2 жыл бұрын

Good Idea: It can be implemented slowly by Increasing the Income-tax payable amount slabs for employees. Like upto 30Lakhs per annum no tax later it can be increased gradually. As we all know most of the employees can save just 10% of monthly income nowadays as the remaining amount will go for monthly installments etc..

@brandbazargandhichowkadila8364 2 жыл бұрын

Bhai 30 lakh badi rakham nahi hai.

@bestt_272 2 жыл бұрын

@@brandbazargandhichowkadila8364 han yrr Agar income tax hata denge to GST badha denge jo hi hum middle class logo ke liye sahi nhi hai😭

@harshu8918 Жыл бұрын

@faroptimistic 2 жыл бұрын

One disadvantage of no Income tax would be that there is no going back. Once a person get used to his in hand salary, he never want this to be reduced either by employer or by govt.

@khabibnurmagomedov8581 2 жыл бұрын

Yeah exactly, we have to bring a dictator to bring them back to income tax than 🤣

@vivekdixit4622 2 жыл бұрын

CA and IT lawyers bheekh mangege.

@Fekuchand_ 3 ай бұрын

भाई income tax abolish karna hai, na ki corporate tax @@vivekdixit4622

@paragbhise4008 Жыл бұрын

Informative & contradictions/questions ! No solutions !! Good / not bad !!!

@sakbak4761 Жыл бұрын

With geopolitical location between china and India it is impossible to abolish tax like other countries.but yes tax must be reduced to 20%

@BerhampuriaMaza 2 жыл бұрын

Indian govt aisa hone nahi degi, ulta tax badhane keliye sochegi🤣

@passion5738 2 жыл бұрын

Apne desh me har dinn new idia lagate he or new tex janta ko thopne k liye ...atm se paise nikalne ka tex dalne k tex

@dragonfly9786 2 жыл бұрын

Dhruv rathee is running out of topics it seems. Is this Sponsorship driven topic?

@AwareNews24 2 жыл бұрын

बिलकुल होने देगा पार्थ मगर इसके लिए अलग हथकंडा अपनाना होगा

@gytlegend4085 2 жыл бұрын

😂😂😂

@Tony_Stark_1 2 жыл бұрын

@@kapurrana9513 Bhai kon si sasta nasha karte ho batado please me bhi karunga😁😁😁

@tonystark16 2 жыл бұрын

"1947 के बाद हमारे देश में हर चीज महंगी होगी लेकिन हमारे नेता तब भी दो कौड़ी के थे, अब भी दो कौड़ी के है " 😁😁

@Shoaibkhan-gq7cw 2 жыл бұрын

😁😁😁

@Shoaibkhan-gq7cw 2 жыл бұрын

True💯

@kushalyadav720 2 жыл бұрын

😂😂

@thv4808 2 жыл бұрын

Koi paise dekar read carpet pe chalne se yaa world tour karke mahaan ni ban jaata

@Skrullx273 2 жыл бұрын

Neta mehenge ho gaye hai bhai, doosri party meh khelne k liye jyaada paise maangte honge.

@Daily_doses_j Жыл бұрын

When Dubai started infra in 1999 the oil contributed less than 1% of GDP

@chivuokape 2 күн бұрын

Wow 23 million subs congrats bro

@akshaynaik443 2 жыл бұрын

That was so informative! I teach tax subjects at a college level, this perspective will help me in widening my approach and having indepth insight at tax matters. I'll definetly pass on this knowledge to the students which will indeed help them. It was a great topic for discussion. Thank You for your valuble contribution. If you could please consider making a video on inclusion of agricultural income under tax purview, pros and cons of it and resistance which might follow, it would be another great learning.

@balsara675 2 жыл бұрын

What courses have u done

@raufkazi1505 2 жыл бұрын

There is no need to consider agriculture income in income tax. There is no doubt there are pros but the biggest con is life of farmer. Which is not bearable. Our system is corrupt and they take unfair advantage of tax towards the farmers

@harshu8918 Жыл бұрын

@alvifaizalraza1753 2 жыл бұрын

You forget to mention about Bait-ul-maal in UAE type countries. In Islam, every Muslim who is rich must donate at least 2.5% of their accumulated wealth for the benefit of the poor, destitute and others & it is reserved in the government adminstration called as Bait-ul-maal & also Bait-ul-maal provides life-saving, life-sustaining, and life-enriching humanitarian aid to underserved populations around the country or world. Giving 2.5% of the wealth every year is called as Zakat and this one of five pillars of Islam. The one who doesn't pay this donation every year doesn't consider as a good Muslim. It is being highlighted at least 82 times in the Quran to donate every year for needy/poors.

@owaisahmed7849 2 жыл бұрын

Poor dheeruv don't have knowledge about zakath if he has knowledge about zakath definitely he will explain it

@techgamer6769 2 жыл бұрын

Yes I agree.We all should give,its a good deed.Btw read my comment if u can...👍

@takartoko1981 2 жыл бұрын

In our country that will just go to corrupt netas.

@pravinmalpani4550 2 жыл бұрын

I personally think , govt should try to educate people rather than giving them free money.

@shahnaz18 2 жыл бұрын

there'd be people who would criticize this too! but that doesn't change the fact so don't spend time on them. iykyk

@indetailmaths Жыл бұрын

Instead of loan government can invest money ,like adani,Ambani,tata,birla etc....

@Someone_Waiting Жыл бұрын

Another idea 💡 Insted of removing income tax the government can half its value and increase some value of the import duties as it is mostly paid by rich. Also deduction in income tax will mostly benefit the rich as they pay the most of it. It would be better for middle class as well as the rich as now they don't have to keep black money but just have to pay a little more for luxurious. It may not be equal to the income tax deducted but at least will pay some. Also some tax will be payed back as increased income from GST as people will buy more. If there still lefts a loss then it would be a little and it can be taken as per the increased standard of living for the middle class.

@benjaminkirbytennyson386 2 жыл бұрын

This video in a nutshell: Govt. may increase other taxes to recover the income tax taxes. Save your time

@benjaminkirbytennyson386 2 жыл бұрын

@@AdithyaRao481 Yeh taxes agar real bhi hote toh phir bhi sirf Akshay Kumar hi pay karta, income tax jese. lol

@nihangwangu1620 2 жыл бұрын

Lets make India Hindu country first and then we can abolish tax. Every democratic country has tax. UAE etc. are Muslim countries.

@benjaminkirbytennyson386 2 жыл бұрын

@@nihangwangu1620 India is a democratic country & will be. Want a country run by religious laws? You're free to go to Afghanistan.

@priyanshujain5597 2 жыл бұрын

@@nihangwangu1620 kya bewakufiya hai

@ScienceSeekho 2 жыл бұрын

So as now. he is earning more, he is saying we will pay same amount of tax as poor pays. Lmoa pok u bro Because if you earn more salary you pay more tax. Poor will not get benifit as salary upto 5 lacks per year you won't pay income tax.(considering 30%HRA)

@piyushpanda287 Жыл бұрын

Love From Odisha❤️ Please make a Video on Odisha .... About good and bad stuff

@UddhabDa 3 ай бұрын

Me also from odisha ❤

@91club_official 3 ай бұрын

gaaanja bench k khub kamaya hai

@dhirendrakumarbansal3488 Жыл бұрын

Agricultural tax beyond a certain limit say 20 lakh per annum. Expenditure tax is best.

@user-zw7zi1bj6s 2 ай бұрын

We need a person like this man to rule our COUNTRY.

@anviphatangare7588 2 жыл бұрын

Inheritance tax vs Income tax We want the video soon

@silcharbanglanews4590 2 жыл бұрын

Yes

@neerajaggarwal4689 2 жыл бұрын

It would be very interesting to see an episode of 0 interest rate, 0 inflation, or 100 percent literacy.

@marcusrino6197 2 жыл бұрын

@Prashant Kishore inflation will exist till the gap between supply and demand exists..sometimes inflation is important to balance things out.

@neerajaggarwal4689 2 жыл бұрын

An honest mainstream Indian media or an underpopulated India can also be some interesting topics.👍

@debendubarman5253 2 жыл бұрын

@Prashant Kishore I think u didnt know what is inflation its change in price of basket of goods compared to previous year(s). It depends on supply and demand but also government taxes . Also it depends on the corporations as they increase price of thier product year on year to generate more profit so that its share prices increase but usually they also Increase thier employees salary year on year . So salary increases , share prices increases ... Employees happy , Shareholders Happy , Govrnment Happy ... But the evil one is first case oviously

@nitishgautam9643 2 жыл бұрын

Bhai Inflation is the thing that when if government don't increase by the time, this it is ultimately increase by time itself because after that if demands high the price of every commodity is already Increase this is simple funda of Economics Rule yar i.e. Law of Demand

@nitishgautam9643 2 жыл бұрын

@@marcusrino6197 Agree with statement 100 percent

@aliyankimemes5736 Жыл бұрын

Sir ap jaise teacher har school Mai hona Chahiye

@Harsh-ff8rs 3 ай бұрын

i am pursuing chartered accountancy but m still in favour of abolishment or atleast liberalisation of income tax, yes indeed 1/4th of govt.'s revenue would be cut off but govt. would not need do much expenditure in its against which will sort things a more bit than it is scaring. whereas if thinking of any other source of income for govt., it can increase their own operations as form of entities of various goods and services and diversify their reach, which will again be long process, so yeah govt. should plan these soon for it to be visible in near future. but it won't happen as govt. is not in these ideologies right now i guess. so this concludes our individual hypothecation lol

@riyaharitwal4726 2 жыл бұрын

This was my first time learning about income tax and this video made it damn damn easy!!🙌🏻 THANKYOUU!!

@SE-be5sp 2 жыл бұрын

Present govt has been unable to make a firm policy in any sector since 2014, revised the GST structure multiple times, damaged the small scale & cottage industries, lost a gem-Raghuram Rajan, made new records of negative GDP & much more... They couldn't even maintain the preexisting structure, curating something new like 0% income tax is dead impossible from them.

@palboy3565 2 жыл бұрын

Present govt have launched gst on wrong time just after demonitization which fked Economy. However gst best thing happend to india

@palboy3565 2 жыл бұрын

Do you even why negative gdp was there tax inome and gdp is two different thing in 2020 govt stopped all manufacturing activities everything so it ought to be negatoe even usa ul had negative growth in first wave

@dr.prativaranjande3615 2 жыл бұрын

@@palboy3565 But I think we went the most negative among all major nations

@anujgaming9737 2 ай бұрын

Thanks for information

@niludigal1423 10 ай бұрын

thanks sir very useful video 😊

@piyushsingla198 2 жыл бұрын

A chartered accountant be like~ to kya kre ham mar jaaye🥺

@RS-im3co 2 жыл бұрын

Chai becho, naseeb achi hogi toh agla PM ban jayega...

@ummati8801 2 жыл бұрын

We have Many Source

@saul5939 2 жыл бұрын

Job dhund

@MyJaipurCa 2 жыл бұрын

What if a account created wealth creation.... And the some 10 percent if taxes will be credited to other people accounts... So all means reaming 140 crore people will directly get benefit.... And on this wealth creation account 2% return will be given every year to thise people... Such way every one will create wealth... And i think those people if they give black money to govt they will also get 2% return every year...

@vijayrathore6932 2 жыл бұрын

Strict fines should be imposed on every individual that breaks rules like parking, throwing waste, and so on ...rules which helps in creating disciplined environment...and then see where our country goes🙂

@muzakkirsm3637 2 жыл бұрын

This is valid point to be honest, for that to happen infrastructure should be of good standards.

@Qwerty-jc3so 2 жыл бұрын

I think law breakers should be fined a lot more than they currently are. I'm not suggesting this as a replacement for income tax obviously, rather an extra source of revenue for the govt.

@harsharaghav6795 Жыл бұрын

That law was imposed by the BJP GOVERNMENT but the so called vote bank politics made them scrap it.

@harshu8918 Жыл бұрын

@extremelynoobgaming4742 Жыл бұрын

@@Qwerty-jc3so yeah and the country will be disciplined and clean too

@manjot_saini010 Жыл бұрын

Thanks bhai I am having a debate in school regarding this topic ❤️

@lakshyaphogat7388 2 жыл бұрын

Dr Subramanian Swamy is a genius he has PhD in macro economics from Harvard University he was a student of Paul a Samuelson (founder of modern economics) he also collaborated with him to write a book , Subramanian Swamy was behind indian economic reforms ,he always says that bjp has destroyed indian economy and this was his idea to abolish income tax

@_kartik_chauhan 2 жыл бұрын

Hmmm Do you support All Of His Idealogy

@nowiambecomedeath970 2 жыл бұрын

@@_kartik_chauhan no , he only supports him when he criticise bjp. These people are the biggest hypocrites

@nowiambecomedeath970 2 жыл бұрын

@@shivrammohan9081 exactly

@jatinpatil9805 2 жыл бұрын

@@shivrammohan9081 its from negative thats why its so high .

@Oyabu... 2 жыл бұрын

@@nowiambecomedeath970 dhee ka lnd 🤳

@appreciateit....8026 2 жыл бұрын

"Income tax khatam tata bye bye" Was so funny 😂😂

@NikhilKumar-fp1wi 2 жыл бұрын

😁😁😂🤣🤣🤣🤣😃😃

@nihangwangu1620 2 жыл бұрын

Lets make India Hindu country first and then we can abolish tax. Every democratic country has tax. UAE etc. are Muslim countries.

@kailashsankhla74130 2 жыл бұрын

😂😂😂😂

@almond3963 2 жыл бұрын

@@nihangwangu1620 our country does have a hindu majority and no I dont think u will somehow make India a 100% hindu nation.

@harshu8918 Жыл бұрын

@Tech.wealth 10 ай бұрын

I think luxury goods tax In parchase And luxury import tax increase 150% And so on

@kunwargaba787 Жыл бұрын

Tax on Banking Sector , property or land tax , entertainment tax and inheritance tax

@HIMANSHUGUPTA-pd7ot 2 жыл бұрын

Instead I would like MP's & MLA's paying income tax

@arnabbiswas8983 2 жыл бұрын

How can you be so dumb🤣🤣🤣🤣🤣

@praneshbhowal1497 2 жыл бұрын

Bhai tak leta he taki usme se sarkari naukri krne walo ko monthly income de sake apko kya lagta he ye jo 1000 100 20 10 k notes roj chape jate he kya? Ji nei ulta same note circulate hote he soo Ager mp & mla tax de v de to usse ye ho sakta he usse garibo maa bate kana de but isse or kuch nei politicians ka income ma effect prega itna to kar hi skte hn kyu dosto .... Apke vichar bataye 🤔🤔

@arnabbiswas8983 2 жыл бұрын

@@praneshbhowal1497 are sab ke sab dimag bech khaye ho kya.. MP MLA sab direct tax dete hi hai.. Salaried person hai sab... IT file karna hi padta hai un logo ko bhi.. 🤦‍♂️🤦‍♂️kuch pata hi nai rehta logo ko..

@praneshbhowal1497 2 жыл бұрын

@@arnabbiswas8983 aree jo kat taa hee unke salary se wo to muze pta hi h syd upr wale bhaisahab ko v pta ho but hum ya maa yaha or katne k bat kr rhee he ye point he yarr 🤦‍♂️ hume itna beyukuf kyu smj rhe ho ....🤦‍♂️🤦‍♂️

@arnabbiswas8983 2 жыл бұрын

@@praneshbhowal1497 aur kyu katna hai.. Salary kam milega to corruption pe utar ayenge gine chune acche neta bhi.. Jaisa hai abhi voh sahi system hi hai.. Jo jyada kamata hai usse jyada tax lagna chahiye aur jo kam usse kam tax.. Vaisa hi hai.. Agar income badhana hai to jo log tax avoid karte hai loopholes nikalke unko pakad ke tax file karvana chahiye.. Example 👇 Suppose tum apna ek flat rent pe de rakhe ho aur uska koi record nai rakha hai ya fir rent lete ho ₹10k aur dikhate ho ₹2k... Kyunki tum cash me rent lete ho isliye bank account me voh amount show bhi nai hota aur tumhara taxable income actual income se kam hai isliye... Direct Tax ki chori khatam ho jaye to govt revenue automatically badh jaye..

@barshedali2365 2 жыл бұрын

1) Income tax should not be 0. It should reduce so that it not become a burden. 2) Indian government should focus on tourism. 3) Should increase tax for foreign companies, as it is a huge market. 4) It's true that India doesn't have huge natural resources like petroleum but India has a great resource of human. It means a lots of creative mind, a hub of talent but our government never use this. 5) Last and the most important point. Indian government should spend money wisely because (income - expenditure) is more important than income.

@krishnadasnamboothir 2 жыл бұрын

Foreign company investment will decline, govt cant predict how much it can get from non income tax

@devd_rx Жыл бұрын

There is nothing worth visiting for foreigners in india, except for spiritualism and so called healing

@jatu1 Жыл бұрын

U fool here already there are many taxes that foreign companies have to pay This is the reason why many foreign companies don't invest here

@yashwanthrao8021 Жыл бұрын

@@jatu1 exactly, most of the public are just ignorant

@harshu8918 Жыл бұрын

@ashudubey-7515 10 ай бұрын

I am ready to donate 40% of my income to some charity for animals or for people who really need money but I literally don't want to pay 30% tax which politician will own indirectly,😢

@amitkumar-hk2tu 2 ай бұрын

Plz make a videos on Difference between Loksabha, Rajyasabha,Vidhansabha, Vidhanparishad

@saurabhj1826 2 жыл бұрын

If 0 tax operated then government should increase its collection through : get taxes also from celebs , producers and especially ruling MLAs

@AbhiSingh-pt3zi 2 жыл бұрын

As a salaried employee I feel cheated when only 1.4% people like me pay tax and other even after earning more than me enjoy ...

@diauser3327 2 жыл бұрын

exactly, salaried class are cursed

@rajivkoshti5291 11 ай бұрын

Please make one video with regard to CPF VS GPF

@lucky._.chaudhary 2 жыл бұрын

Now Dhruv is a "watcher"- who ponders the question "What if..."

@IshaSharma11 2 жыл бұрын

😅✌

@shahebazshaikh4428 2 жыл бұрын

Dhruatu the watcher

@elonmusk3003 2 жыл бұрын

If this happen Petrol price-200₹ Govt.-we compensated it😂

@yadavrohit2451 2 жыл бұрын

😂😂😂😂

@infinix2003 2 жыл бұрын

Good for environment

@nihangwangu1620 2 жыл бұрын

Every democratic country has tax. UAE etc. are Muslim countries. Lets make India Hindu country first and then we can abolish tax.

@elonmusk3003 2 жыл бұрын

@@nihangwangu1620 they have tax but that tax is reasonable not like our country where on the name of oil bond govt. Looting people Second if india becomes hindu nation discrimination and racism will still be their , yeah will not be on the topic of religion but caste,colour, upper caste lower caste or poor rich,bcz it's human nature

@cwm7058 2 жыл бұрын

Income tax hata k karde to badhiya h. Nahi to waise bhi ye 200 rs. kar hi denge dekhna.

@vinaychauhan4418 Жыл бұрын

There is only one effective solution as far as I think,purchase every single things made by every indian people personally at the cheapest price,sell them in an international price and give the profits earned directly to the citizens by digital payment or manual payments ,through the NGO's and under strict monitoring for transparency,this would make every skillful indian effectively rich and confident,after that, apply the 0 percent income tax rule ,then,in my opinion,the revenue deficit can be significantly countered,dhruv rathee ji,I personally request you to read this comment and give your opinion on this,thanks

@vsrinivas6115 Ай бұрын

Very valuable Information,, 👌👍👍

@got55 2 жыл бұрын

Other : Marvel's What if..? Me : watching what if who have a single T-shirt😂

@taufeeq1111 2 жыл бұрын

Contribution against Tax: High Tax paying companies to receive tax redirection allowance to establish cottage industries. Results on reduced dependency on Social Welfare Cost.

@codex8450 2 жыл бұрын

What is tax redirection allowance, Sir

@ahmed_saif_17 2 жыл бұрын

🎮 AAPKI MAA KI UMAR KITNI HOGI 1 SUSCRIBE= 1000 YEARS IGNORE = INSTANT DEATH

@taufeeq1111 2 жыл бұрын

@@codex8450 It means you wouldn't pay tax but the govt allows you to use the tax money in setting up small home based industries.