Why Middle Class in India is DYING? | Indians FOOLED Once Again | Tax Burden | Tamil | SKA скачать в хорошем качестве

Why Middle Class in India is DYING? | Indians FOOLED Once Again | Tax Burden | Tamil | SKA

How India's Tax System Impacts the Middle Class – Full Analysis Hi Friends, welcome to SKA! India's middle class is the backbone of the country, accounting for nearly 600 million people. Yet, this group faces an unfair burden from India's tax system, with 30%-40% of their income going to taxes and GST. In this video, we'll dive deep into: Key Highlights: 1️⃣ How India's tax system affects the middle class: Tax slabs from 20% to 30% for incomes above ₹5 lakhs. GST rates of 12%-18% on daily use items. Over 50% of income spent on taxes, leaving savings as low as 5%-6%. 2️⃣ Pandora Papers: The truth behind tax evasion 380 Indians named in the global Pandora Papers leak, including business tycoons and celebrities. How offshore accounts, dummy companies, and tax loopholes allow billionaires to escape taxes. 3️⃣ Middle Class vs Billionaires While middle-class Indians pay full taxes, billionaires stash wealth in tax-free foreign accounts. The economic consequences of these tax evasions for public infrastructure, healthcare, and education. 4️⃣ Global Comparison China's middle class savings rate: 30%-35%, compared to India's 5%-6%. China's lower indirect taxes (6%-13% VAT) and better wealth auditing systems. 5️⃣ Proposed Reforms for India's Tax System Raise tax exemption limits to ₹10 lakhs. Reduce GST on essential items to 5%. Introduce stricter wealth auditing and penalties for tax evasion. Why It Matters The middle class drives India's economic growth, yet the tax system continues to burden them while the wealthy exploit loopholes. With 600 million people affected, these reforms could uplift the middle class, increase savings, and boost India's economic future. Trending Topics Covered in the Video: Pandora Papers and Tax Evasion in India Indian Middle Class Challenges GST Impact on Daily Life Offshore Wealth and Tax Loopholes India vs. China: Tax and Savings Comparison How to Reform India's Tax System ================= Support My Channel by Contributing as a Special Member of the Channel:    / @skatamil   ================= You can follow me on: https://dreambigwithsk.graphy.com/ 💌 WhatsApp: https://chat.whatsapp.com/BWXlnc0a9Lv... (+916305278807) 📩 Telegram: https://t.me/dreambigwithskatamil 🐦 Twitter:   / skumar27   ▶️ Youtube Channel:    / dreambigsk   📸 Instagram:   / dreambigwithsk   📘 Facebook:   / dreambigwithsk   📧 Email: [email protected] #IndianTaxSystem #MiddleClassTaxBurden #GSTImpact #PandoraPapersIndia #IndianEconomy #TaxReformsIndia #BlackMoneyIndia #OffshoreAccounts #EconomicInequality #MiddleClassSavings