What can India do to retain its wealth and talent?

I have seen most of my friends and people are in tech always oppose the current Government. I agree, that current government is not great. But at same time, supporting parties like Congress doesn’t makes sense. Genuinely curious why people think current government is not doing good? I have seen road & rail infrastructure getting improved, defence budget being increased, government making investments in R&D, privatisation of government sectors, making existing processes efficient, and much more. Even the farm bills were good, now what is happening all the middlemen are making money. Communal riots have increased, but I don’t think the government is responsible, it’s people who ignite these riots. At last, why you think current government is not doing good?

Inspite of so many "better than earlier govts" reforms in the last 10 years...the govt hasnt done much needed reforms in the income tax regime. The govt is doing a few good things like dissolving inept psu's, selling off entities like Air India (privatisation), etc. But when and how are we going to increase the tax base?? Why is govt failing to do so? It is high time we rationalise it. We cannot dream of becoming a prosperous country with such poor policies in place https://timesofindia.indiatimes.com/pay-income-tax-be-political-orphans-why-it-matters-for-indias-economy/articleshow/107405605.cms

https://www.linkedin.com/posts/prakash-kewalramani_india-tax-ugcPost-7157215325560713216-Cp76?utm_source=share&utm_medium=member_android Do you agree with current taxation slabs?

curious to know. I remember fiscal strategy was quite different from other countries during covid. the government focused on infrastructure related expenses rather than direct benefit transfer.

Don’t you think it’s kinda not fair to tax people especially in metro cities who earn less than a lakh a month. The cost of living in these places are already so high and due to that they may not even be able to make any investments. 12 Lakh kinda sets a good entry level for taxes as 1 Lakh is a decent amount to live by I guess. Just looking to hear opinions on why it would not be beneficial that’s all. Not willing to hear or respond to any SJWs who want to act all high and mighty on the internet.

Seems like since last year the focus of government has shifted from actually making beneficial policies to enable innovation and growth of India to just collecting taxes blindly. They just want to harvest tax in as many ways possible and kill the middle class person. First it was crypto. Then us salaried individuals started receiving notices. Then they levied 28% GST on online gaming. Now they are also checking proofs for HRA allowance and other stupid stuff which wasn't done before. I was wondering why there is a sudden increase in such incidents? Is the government hiding something? Are they running out of money? Or are they just smoking weed just like us and making stupid rules?

Just curious to understand others perspectives.

This is known issue but as an developing nation, this needs to improved and worked upon

- Congress has asked Prime Minister Narendra Modi for his stance on a billionaire tax ahead of the G20 meeting. - Brazil's proposal for a 2% wealth tax on billionaires, supported by several countries, could raise significant funds for public investments. - A research paper suggests a 2% wealth tax and a 33% inheritance tax in India could generate 2.73% of GDP in revenues. - A survey shows 74% of Indians support taxing wealth to address global issues like hunger, inequality, and climate crisis. - Former leaders have urged current G20 leaders to support a global billionaire tax, though some nations have raised objections. Source: Economic Times

Bro, you are earning. Shouldn't you just be grateful that you are not born in war torn Afghanistan or disease ridden Africa. I mean life could be so much worse. In fact, the only difference between you and the office boy is the household you were born in. If that office boy was born in your home, he probably would be as successful as you. You already won the lottery. Why not just do your part and pay the income tax so that the tax money can be used to provide a better life to those who are unprivileged. I am not excusing the corruption in the system but just find the cribbing unbearable Just be greatful