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

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

Dhruv Rathee

2 года назад

3,815,325 Просмотров

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?

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#Dhruv_Rathee #Dhruv #Rathee #Dhruv_Rathee_latest_video #indian_youtuber #khan_sir #khan_sir_patna #income_tax #abolishing_income_tax #tax_in_india #zero_income_tax #indirect_tax #direct_tax #income_tax_filing #income_tax_return #personal_finance #finance #income_tax_calculator #fuel_tax #excise_duty #what_is_tax #tax_slab #house_tax #property_tax #GST #Audit #Mutual_Funds #efiling
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Комментарии:

@mananagarwal7002
@mananagarwal7002 - 07.01.2024 09:17

They should just take 5-10% income tax from everyone

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@kutubuddinahammad
@kutubuddinahammad - 06.01.2024 20:36

income tax slap hona chahiye

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@atulcareer
@atulcareer - 06.01.2024 14:09

Self employed people are earning more.. Shops... Thele wala... I think.. We need to tax those people...more

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@DESTINEDTRADER
@DESTINEDTRADER - 04.01.2024 19:11

Views ke liye PM ka photo laga liya...

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@mohdkiller9604
@mohdkiller9604 - 04.01.2024 13:56

Government mat generate revenue from 🚜🐄🌾 farming and export and also we can use some pharmaceutical industry to export the medicine they can be potentially generate revenue and i also think its very good for local people if they don't need to pay the taxes they can potential living there good life and they can ve helpful to generate locals works and also economy supply become good and all black money become white ❤

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@YashUpadhyay-se6ld
@YashUpadhyay-se6ld - 03.01.2024 21:23

Govt can impose transection tax which can be collected by banks on every transection made by account holder irrespective of individual or corporate in replacement of incometax it may be 1% on all type of bank, that can be also suppprted by digitally

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@YASHPAL-ip8gg
@YASHPAL-ip8gg - 03.01.2024 19:01

Income tax is ok , but GST should be reduced

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@jackyahire9308
@jackyahire9308 - 03.01.2024 17:49

कुछ चुटियापा है
दो लो थोडा कम
थोडा कम कातो

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@CrazyGamerz712
@CrazyGamerz712 - 03.01.2024 17:12

In metal things like golden rings, etc

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@monghrajgadhvi2991
@monghrajgadhvi2991 - 03.01.2024 15:49

1) Inheritance Tax,
2) more tax on alcohol -tobecco products,
3) more tax on luxury lifestyle products & services,
4) more tax on entertainment
( poor people don't spend money on entertainment and luxury lifestyle hence it's not effect on poor people )
5) cut expenditure cost where it's possible. ( like subsidies for big farmer and rich families. & Other more options)
6) increase import duties on non essential products

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@shanazbegum8230
@shanazbegum8230 - 03.01.2024 14:36

Boor😮😮😮

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@nishasingh3029
@nishasingh3029 - 03.01.2024 01:19

Long term asset ka nirman se other sources of income hoga

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@mrhasanrizvi1
@mrhasanrizvi1 - 31.12.2023 21:16

Business

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@NarayanMurmu-ot6zj
@NarayanMurmu-ot6zj - 31.12.2023 16:29

Great information video

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@manojraizada6705
@manojraizada6705 - 31.12.2023 16:17

It seems you are not an economist. You need to educate yourself more. GST when applied property is a leveling tax. Incometax can be applied to a high income group at a low rate at the same time the income differential has to be minimised. This comes under Welfare Capitalist system. Problem is we spit a lot in India instead of educating ourselves and then talking.

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@himanshupaladventure691
@himanshupaladventure691 - 31.12.2023 10:55

Bhai india me ni khatam karna chahiye because as you told before only 2 to 3 percentage of population pay income tax and others who don't doesn't meet the standard of paying so it clears we shouldn't exit this tax.

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@Bramhacharya23
@Bramhacharya23 - 31.12.2023 09:45

Imagine😂

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@sachinmaru6473
@sachinmaru6473 - 30.12.2023 20:37

Note chap dena chahiye sarkaar ko 26℅ ka

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@sauravkumar-ij7sl
@sauravkumar-ij7sl - 29.12.2023 17:33

They should add limit on direct tax like they should take the tax who earn more than 70k ₹ or big businessesman so by doing this tax will get almost free for normal person

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@zaheralimaknojia1260
@zaheralimaknojia1260 - 29.12.2023 14:42

Transection tex

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@SanjivaniKhavate
@SanjivaniKhavate - 28.12.2023 18:04

Very nice subject

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@Salam_Bhai_27
@Salam_Bhai_27 - 27.12.2023 10:44

Khon Khon 2023 Ma Daka Rahe Hai 😂😂

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@anime_xyz_12
@anime_xyz_12 - 24.12.2023 19:13

Garibo ka bhla hona chahiye 😢

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@user-hl4lp5du1n
@user-hl4lp5du1n - 20.12.2023 09:32

Our government is unprofessional in finance.

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@smrutissmartanduniquegadge8548
@smrutissmartanduniquegadge8548 - 19.12.2023 02:44

Desh ki janta se hi loota jayega aur kuchh nahi

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@diptakghosh2175
@diptakghosh2175 - 19.12.2023 01:22

Why should citizens waste there hardworking money for this immoral legal, political and administrative services of our corrupted country? there is bribery everywhere who are honest there is justice prevails for only influential and prosperous people how much they pay that is not worry important matter is that they are satisfy the government by there unethical money power and what about suddenly rising common peoples they are yet suppressed under tax burden, they will always remain middle class persons of nation.😢

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@deeparani2325
@deeparani2325 - 17.12.2023 19:25

Govt. can partly recover the revenue loss due to 0%income tax by bringing a transaction tax in bank transactions...and may be make even more money than through income tax!

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@Indian-sciencepro
@Indian-sciencepro - 17.12.2023 14:21

India मे सरकार के पास लेन्ड बहोत है, उसको रेन्ट पर या टूरिज्म पर टेक्स लगाकर कर सकते है.

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@MDJASIM-mt7dq
@MDJASIM-mt7dq - 16.12.2023 07:02

Very very bahut achcha aapka video 👍👍👍

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@keyboarddotcom
@keyboarddotcom - 15.12.2023 18:56

Personal Income Tax Limit should increase but zero Income Tax is not Good Idea.

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@user-ey7hn4gw8j
@user-ey7hn4gw8j - 15.12.2023 12:44

Every Indian should donate 5 rs to the government..😅

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@user-iq2dg3cx4x
@user-iq2dg3cx4x - 13.12.2023 17:06

Mukesh Ambani dega paisa

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@muhammad77704
@muhammad77704 - 11.12.2023 18:13

GST income almost equal to IT it will b better to remove GST poor people will get benefit frm it

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@sumitdas5794
@sumitdas5794 - 10.12.2023 19:10

income tax mat hatao. gst hatao.. easy

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@rajeshkumar-2410
@rajeshkumar-2410 - 06.12.2023 19:04

Mujhe lagata 12 lack ta free hona chahiye aur farmers ko 50 lack annual max kar na chahiye..

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@himanshuvishwakarma8
@himanshuvishwakarma8 - 05.12.2023 11:37

Inheritance tax is not good idea. Children have to suffer both the consequences and punishment of their parents' actions.

Suppose that If someone's father has taken a loan then he also has to repay his father's loan. After the death of the father, some cases have to be fought by the son.

That is why the son's right over his father's property is definitely established as per the father's wishes.

If this tax is imposed even after all these things, then the government will have to think about other things like father's debt and lawsuits.

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@user-mw6bw9yl8i
@user-mw6bw9yl8i - 03.12.2023 19:31

Dubai me oil revenue bas 10% he baki incom tax se ata he..or tusism se ata he

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@Scroll.down..
@Scroll.down.. - 30.11.2023 18:24

विदेशी कंपनियों पर ज्यादा टैक्स लगा कर

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@aakashchauhan8562
@aakashchauhan8562 - 28.11.2023 17:23

Increase tax on rich people ,,

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@DKB_2008
@DKB_2008 - 26.11.2023 06:18

Aam Admi Party

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@cokoi
@cokoi - 25.11.2023 21:19

Bro just print only needed amount of money

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@heenalover
@heenalover - 22.11.2023 20:37

If income tax is abolished then the government will incur huge losses and our country will become bankrupt like Sri Lanka.

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@ashokkumarverma8877
@ashokkumarverma8877 - 22.11.2023 14:39

nice vedio

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@godnepal3069
@godnepal3069 - 19.11.2023 13:18

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 ❤

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@Morya.45
@Morya.45 - 19.11.2023 11:47

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..

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@rahulkumaragrawal5723
@rahulkumaragrawal5723 - 18.11.2023 08:26

Introduce banking transaction tax and remove 500 rupees note as well. It will create very big source of income from riches as they are paid in banks and also will be appropriate as per the income but no one can escape it.

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