SnoozyJellybean
SnoozyJellybean

Income tax vs it's return from gov

In India people who are earning beyond 70 lpa. They tend to fall under the high tax bracket which involves surcharge on tax too. Which could level up their tax too. Now is this tax worth it when compared to what tax payers get from the govt? Total tax % could really be higher for an individual. Given the tax %, would it be wise to consider moving out from India for better value for tax? Now this tax is considering after exhausting all the tax savings sections and FBPs except the political donations. Genuine answers only. Coming days I would be asking a few more tax related questions.

11mo ago
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