Why do people leave India?
In India taxes are low but if we compare the income to it then it becomes high. There is no base income law here and people are working in very very less salary. No taxes till 12 lakh should have been changed years ago. If the USA has high taxes they even have a great income salary too. Even their corporate culture is very good unlike India. Even hike+growth is very very low here. If you are doing a good degree it doesn’t give you a great opportunity here if we compare it to the foreign countries.
Unjust laws and lack of civic sense. Fix this and India will prolly be among the top destinations ( my opinions obv)
Because if you and your family works in private sector, no matter how much you work you dont have LEVERAGE.
And nothing works in this country without leverage. Nothing is based on rules , NOTHING. Unless you can call someone to pull strings.
E.g. To get ones passport delivered, you will need to bribe someone(not everyone, but at lot of places)
I thought that post had enough reasons! https://share.gvine.app/UgM6iguSTfzLXhNA6
And isn’t it obvious that it is not about high tax or even high tax to earning ratio, but about what that tax brings us? Roads, Police, Justice System, Education, Healthcare. What is that tax getting us, compared to other better countries?
So it is not about high tax, but about the fact thay somebody is just looting all that tax
