Did Modi really kill black money in India? : Economic case study

Подписаться 4 млн

Просмотров 1,3 млн

50% 1

⭐️ Think School’s flagship Communication course with live doubt sessions :
thethinkschool.com/sp/communi...
VIDEO INTRODUCTION:
Hi everybody,
When Modi ji became the prime minister of India, one of the most important agendas he had was to eradicate the black money in India!!!
But the question is, 10 years, 1 demonetisation, 2 modi terms and several GST reforms later, have we really succeeded in eradicating black money!!
Well these are some figures that I found which scared the hell out of me
According to ahmedabad customs, the amount of smuggled gold seized at the airport has seen a 65% rise in fy24 where in 241.1 Kg of gold as in 179 crores worth of gold was seized!! And this 5 year trend shows that the amount of smuggled gold from the Sardar patel airport is increasing at an alarming rate!!
Secondly, RBI says that there was a 102% increase in the number of fake 500 rs notes in the Indian economy!! So counterfeit currency is still a growing problem!!
And most importantly, I was shocked to know that there is even an black stock market system in India!! And this system is so big, that while the average daily trading amount in NSE is ₹1.02 lakh crores, in this black stock market, the average daily trading amount is estimated to be 0.7 lakh crores!! Which means, 0.7 lakh crores worth of black transactions are happening every single day just like the national stock exchange!!
So the question is, have we really succeeded in eradicating the black economy!! And you know what?? You would be shocked to know that, the root cause of everything from smuggling, to black market to even the underworld and crime, everything is linked to just 1 variable, that is taxes!!!!
So with the budget announcement coming,
The question is,
How are taxes directly used as an instrument of wealth by the underworld and smugglers of India?
How does the black market and black stock market get created because of the tax system?
If we have zero tax in India? What could happen to our economy?
And most importantly, since black money is a virus to our economy, what is the most practical way to eradicate it???
Our Best Indian Business Case Studies:
1. Asian paints - • How Asian Paints Built...
2. Amul - • How Amul beat its comp...
3. Haldiram - • How did Haldiram Build...
4. Lijjat Papad - • How 7 Mumbai-based wom...
✅Study Materials:
Situation in India today:
1) www.moneycontrol.com/news/bus...
2) m.economictimes.com/news/econ...
Reaganomics:
3) www.reaganfoundation.org/rona...
4) papers.ssrn.com/sol3/papers.c...
Think School is a Digital School that we all deserved, but never had
►►Check out Think School's Online courses: www.thethinkschool.com
Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.
#thinkschool #businesscasestudy #geopolitics #stockmarket #budget #tax #india #business
Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost, WildFilmsIndia

Опубликовано:

6 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 3,4 тыс.

@TheSudhanshu1982 7 дней назад

tax should be like "salt in the food" not "food in the salt". Govt need to wake up before its too late.

@jagdishlalwani 6 дней назад

Before public kika it out

@girishtallamraju207 6 дней назад

😂food in salt...😂 good 👍

@user-ci1eh3ip7s 6 дней назад

Exactly

@shubhamsinghal5290 6 дней назад

Fir hagne ke liye bathroom sarkar se mat mangna 😂

@user-wi6di6om3i 5 дней назад

@@shubhamsinghal5290 tumhari mummy se maang lenge

@Divyanshu_C 8 дней назад

This is not just taxes. This is Tax Terrorism

@jsrintegratedfram4911 8 дней назад

finally some 1 with brains

@aryaman05 8 дней назад

@@jsrintegratedfram4911 🤣

@sujaldodhia7620 8 дней назад

Correct

@pradeeshalbert1625 8 дней назад

😡

@onetwokaafour 8 дней назад

Lol

@matteohenry33 12 часов назад

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

@ShirlPigram 12 часов назад

If you lack knowledge about market investing tactics, get advice from a financial counselor.

@mulattodavid 12 часов назад

Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

@SolemnBankingplc 12 часов назад

Pls who is this coach that guides you? I’m in dire need of one, my stock portfolio is declining rapidly

@mulattodavid 12 часов назад

Her name is ‘Melissa Jean Talingdan’ Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@SolemnBankingplc 12 часов назад

I'm pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.

@animeshmaity7121 4 дня назад

Black money cant be killed. Govt runs on it.😂

@vikrantkhatai5750 2 дня назад

Very true😅

@anoopagrawal6850 2 дня назад

Haha

@Prashantha-vx4lm День назад

Yes who r holding Balck money not us. It's in hand in political parties

@YouTubeDixtorian День назад

✅✅ it's true

@adityag7039 День назад

It can be when money becomes digital

@satishkumarsharma9803 8 дней назад

The biggest irony is brokerage and taxes are charged on both buyer and seller simultaneously for one transaction.

@matterless 7 дней назад

Yes buyer or seller who made profit only should be charged for tax... So greedy govt with insane tax system... Don't know how many days these guys going to support this mad system

@hithishn2221 7 дней назад

of course indirect gambling is taxed

@vidyanagarajan9135 6 дней назад

@@matterless The greedy government has to pay for the other development which was neglected for so many years.

@quickzilver2010 6 дней назад

@@vidyanagarajan9135spoken like someone who does not pay income tax

@jimmatrix7244 6 дней назад

This is how brokerage work. Are you novice?

@honest_reviewer6299 7 дней назад

I pay tax at 30% for my salary and then another 30% on the profit I make out of the already taxed investments. And then I feel so tired and just want to go to a restaurant to eat something. I put petrol and voila! - I am bombarded with fuel tax. Now I am hardly moving. Finally I manage to make it to a small restaurant and there you are, 4th round of milking tax from me in the form of GST. I die of shock and desperation before even the little food I ate reaches my stomach 😞 My everyday life continues without any significant changes around me, except for the noticeable fact that my wallet is getting emptier by the day and fully exhausted much before next salary hit my account. At least I am thankful to my wife for not charging me any direct taxes for delivering our children. I love her.

@devendra.sanghavi 6 дней назад

🥺

@grajiv1979 6 дней назад

Which is normal. Tax on your income is different from Tax on your Capital Gains...if you want to reduce your taxes make it Long term capital instead of short term gains...Stock market is directly propotional to Govt and their confidence building measures.. you are reaping only because of the governance

@honest_reviewer6299 6 дней назад

@@grajiv1979 Technical aside, my whole point is the double taxation which we consider as normal or made as normal where people tend to accept it part of their lives like you for example

@jayakrishnan2414 6 дней назад

And sir...another thing is on bribe that we need to give and to face the unsecured society where the richer guy can do hit and run and escape by writting small essay

@in-human1698 5 дней назад

Do you earn 1 crore per annum. Only 1 crore annual income has 30 percent income tax btw.

@MdAlamin-3rd 5 дней назад

Tax is not the problem. Main problem is benefits we are not getting.

@80sidd 2 дня назад

Huge population bpl

@mrseskasi 2 дня назад

How many people in this country pay tax? Less than 5 % of the population. How can you get the same benefits you get in Europe or any other developed country?

@Azamat76870 2 дня назад

@@80sidd china

@Sumirevins 2 дня назад

@@mrseskasi Everything you buy has gst which has tax so everyone in indiia pays taxes to some rate stop your andhbhakti.

@anujrajchoudhary2793 2 дня назад

@@mrseskasibro go and study, u lack basics of taxes.

@ElvisSirinBo День назад

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%, but what could be my safest buys with $400k to outperform the market in 2024?

@Victoria-io7qb День назад

Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

@Joyce-is7kq День назад

Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.

@collinsmack День назад

impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

@Joyce-is7kq День назад

No worries, we all start somewhere! 📈 First, grab a comfy chair and some popcorn 🍿, and dive into some beginner-friendly finance videos. Start with basics like "investing for dummies" and "how to trade stocks 101." When you're ready for more, also consider financial advisor like Margaret Ellen Whitlock-I came across her in a CNBC interview, she's like the Yoda of finance! May the gains be with you! 🚀💰

@SbcCompany-h1w День назад

Can’t lie I have being using her for 2years now, she has been planner ever since we met in London global economy conference. she's verifiable.

@salilkatiyar6112 7 дней назад

This government is definitely killing middle class dreams ..with taxes

@lasyamehta631 6 дней назад

Not this, every government has been doing that, congress is the worst in it. You are a kid you haven't seen the bloodly days of corruption during congress raj

@niceguy3099 6 дней назад

@@lasyamehta631No mehta ji... Meh aap ka bap ka zamana meh bhi tha... This is the worst government ever seen. Not jist middle class killers makinng racial riots too....

@SandeepTayal-t8w 6 дней назад

@@niceguy3099 many factors are responsible for it.

@aadarshchoudhary4321 6 дней назад

@@lasyamehta631bhakt triggered

@SushilPaul-y9e 5 дней назад

indira congress is laughingin the corner...93% tax

@Jaymilnere 7 дней назад

Recently came across your channel and I love it., Please, I would like to know if we're restricted to only Indian stock or if we can also buy US or other foreign stocks. I am new to this and everything is still confusing

@Higuannn 7 дней назад

Research dividend aristocrats and choose six to ten companies with over 25 years of dividend payments. Consider working with a financial advisor to build a strong portfolio.

@hullbruce 7 дней назад

@@Higuannn Speaking from personal experience, I would say engage professional guidance. Not sure where you get an experienced one, but if your knowledge of the market is limited, it seems like a good bet

@Jaymilnere 7 дней назад

@@hullbruce I've been getting suggestions to use one, but where and how to find one has been challenging, Can i reach out to the one you use?

@hullbruce 3 дня назад

@@Jaymilnere The decision on which Advisor to use is a very personal one. I chose to take guidance from the popular Sharon Crump Cline to meet my goals. All the information you need to set up an appointment is on her web page.

@Jaymilnere 3 дня назад

@@hullbruce I like to give this a try even if my needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it

@SteveDutton-v 5 дней назад

It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to use what's left to invest, but I don't really know which way to go.

@SeanTalkoff 5 дней назад

It's a good idea to seek advice at the moment, unless you're an expert yourself. As someone who runs a service business and sells products on eBay, I can tell you that the economy is struggling and many people are struggling financially.

@tmer831 5 дней назад

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

@DavidCovington-st2id 5 дней назад

How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?

@tmer831 5 дней назад

My CFA ’’ Vivian Carol Gioia, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

@DavidCovington-st2id 5 дней назад

Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.

@kumarvirendra05 5 дней назад

Bro where were you during and before elections???

@The.dailysocial 3 дня назад

Licking.

@karansri283 День назад

Bootlicking modiji

@officialmantv5878 День назад

Hate against Muslim ki wajha se ruka huwa tha mai...!

@MithunOnTheNet 14 часов назад

He had to change his bakhti tune post elections results.

@coldram1111 8 дней назад

Chanakya in Arthashastra said that Honey Bee collects nectar from flower without damaging it but in-return pollinates it. Govt should collect tax like Honey Bee.

@isaikrishna6862 8 дней назад

But, right now, the government is collecting taxes from us like honey, but it is not fulfilling its responsibilities, such as providing free education and healthcare, i.e., it is not pollinating.

@coldram1111 8 дней назад

@@isaikrishna6862 I feel nothing should be free. But you are right Govt should provide affordable education and healthcare. Most importantly govt should provide opportunities to earn for everyone. Job creation should be focus of this government.

@isaikrishna6862 8 дней назад

@@coldram1111 I absolutely agree with your point. The Delhi Chief Minister highlights your opinions and ideas about affordable education, healthcare, and creating opportunities. They did, however, arrest Kejriwal on charges of a liquor scam, which have still not been proven. The Modi government is believed to mainly benefit the wealthy, leaving the poor and middle class increasingly insecure. This must change; otherwise, the income gap between the rich and the poor will continue to rise, making living in our country difficult for every ordinary citizen.

@coldram1111 8 дней назад

@@isaikrishna6862 Don’t want to indulge in political debate because rather than finding solutions to problems it creates more problems and blame games.

@isaikrishna6862 8 дней назад

@@coldram1111 OK no debates!I respect your decision.

@sivaramarajuk7222 8 дней назад

No one will want to deal with black money if tax is reasonable

@ankitsharma-bn2ey 8 дней назад

That assumes black money is only used for tax evasion purposes Congress, Pakistan, Saudi, USA, China etc all have used black money in India to fund terrorism, Wahabism, Communism and political strive.(eg - planning to tag 26/11 as saffron terror/RSS plot) That's a historical fact!

@user-dv9tz3wu6b 8 дней назад

+ if tax is used properly they take swaach bharat cess/tax, still no improvement in area, the garbage is still there from years between 2 buildings

@user-dv9tz3wu6b 8 дней назад

+ if tax is used properly Traffic light is missing, same road is re-constructed each year we need proper tunnel for sewage and a tunnel for wires/pipes without digging the entire road

@_____aditya____ 8 дней назад

@@user-dv9tz3wu6b what's swachh bharat cess? Never heard of it?

@nileshjain6648 8 дней назад

During service tax regime, they used to collect this @@_____aditya____

@NerdyX90 4 дня назад

Fun fact: Income tax was supposes to be temporary... taxation is theft.

@DesiFunnn День назад

Even reservation was supposed to be for 10 years. But 😂😂

@cryinginrain День назад

how will it happen? Idt reservations is that much big problem now log abhi bhi jati par vote karte hai aur castism daily life mein bhi follow karte hai

@dangbro День назад

Income tax is a theft. Income is your right. You pay tax to everything you buy using your income.

@BiswajitDas-ji9fq 9 часов назад

If income tax is a theft then employment generation sud be considered a dacaoity..

@mohamedqasim1789 6 дней назад

Who all are witness like me that at 2015 1 rupee candies (peanut candie) now cost 5 rupees . This examples can apply for tons of products and things but not for my father monthly salary.

@ajeebbasheer6323 4 дня назад

It’s 7rs now.

@kiraamv5507 2 дня назад

Candies are fine daily neccesities are beyond comprehension, like petrol milk grains oil ...

@pawansinghvi6980 8 дней назад

Paying Income TAX as well as GST, Bad Idea!

@Anirudh_C_J 7 дней назад

well that's how a country runs before gst there was vat cst wealth tax luxury tax entertainment tax and so on. Most of it was just subsumed into GST. and tbh gov earns more money through GST than Income Tax:)

@balajivs69 7 дней назад

⁠@@Anirudh_C_J Don’t just encourage ppl to cope and tolerate bad governance. It’s not that ppl are not willing to pay gst. It’s that where is the promised improvement in basic needs? Look at fukin China. It has invested so much back into its ppl. In the form of infrastructure, education,healthcare. And it did not take forever to do it. At that time they had more population than INDIA. What went wrong?

@supermansud 7 дней назад

Income Tax + VAT was always there.

@Anirudh_C_J 7 дней назад

@@supermansud VAT on most of the items got subsumed into GST as far I know VAT is charged on petroleum products and alcohol maybe I might have missed some but GST took over almost every product/service which were under VAT

@doncorleone3901 7 дней назад

@Anirudh_C_J everyone knows that Sherlock. What people are asking for is lower direct taxes on individuals so that tax evasion can reduce and people can actually look forward to earning more. Middle class jumping to the defense of the government on social media is funny. Stop this self defeating over intelligence and ask for what you need like the poor are doing

@Kshitij-jr6kd 8 дней назад

Public needs to leave chalta hai wala attitude then only India can curb black money🤛 Also make officials accountable 💪

@vikashdudi8710 8 дней назад

It's not just attitude, it's an OPINION which is useless. Useless as it doesn't solve the problem but helps the problem of tax evasion grow bigger. OPINIONS are meant to deal with such issues as OPINIONS FORCE ACTION but in INDIA OPINIONS ARE DEVELOPED TO MAKE THE ISSUES HABITUAL sidelining any possibilities of resolution.

@mutyalammapalemps892 8 дней назад

Which officials? For what?

@Kshitij-jr6kd 8 дней назад

@@mutyalammapalemps892 Government agents like IAS officers

@maheshgandhi6444 8 дней назад

Instead of blaming the government just blame the people?

@Kshitij-jr6kd 8 дней назад

@@maheshgandhi6444 Democracy is the government of the people, for the people, by the people. and don't expect corruption to end where people vote for 8500 rs khata khat or anything free or religion, caste etc. Public is equal responsible. Just blame govt will not solve anything. many good infrastructure are destroyed by spitting gutkas and throwing garbage. no matter how much good government does people will vote them out for freebies, caste, religion in India.

@kuldeepkhoda9652 5 дней назад

There is a saying " fools construct houses and wise men live in them" l LIKEWISE Govt says. " fools work hard to earn and wise use it to enjoy"

@vss652433af 6 дней назад

Bridges collapse adds to national waste burden on common citizen as tax.Electuon ads another waste

@ErRavikumarS 7 дней назад

Consider a sale of Rs.1,000. Now GST@18% Rs. 180, Say Profit Rs. 200 IT@30% Rs.60. The business owner Gets Net Rs.140, Government Gets Rs. 240. That is not end. If the owner spends his Rs.140 again GST@18% Rs.25, Net tax is Rs. 265. If the tax is spend for the people, without corruption, it is okay.

@yaphonghor4409 3 дня назад

Tax money are being dished out for mega projects and the money get corrupted into the pockets of the politicians!!!

@dhrumilmodi2813 2 дня назад

Businessman also gets rebate on pirchase of the item. If purchase is for 800 then businessman has to pay to govt only Rs. 36 as gst.

@ErRavikumarS 2 дня назад

@@dhrumilmodi2813 Yes, you are right for sale of Goods, But considering Sale of services ITC will be very minimal. The Government gets more than the Business man, even if he makes a profit or loss. Of course tax money is used for infrastructure development.

@navneetkalia 8 дней назад

Kudos to Ganesh and Team for always coming out with good stuff. Would also love to see a channel on the state of Early Education in India, compared to even countries like Vietnam.

@deep0123456 8 дней назад

Sorry bro, he only compares congress failures vs modi’s success.

@navneetkalia 8 дней назад

@@deep0123456 well post Vietnam war they invested in early education with extreme focus to make it an industrial powerhouse today. So if we have to see what india was doing in 1975, things will become more clear. The present state of the nation is reflection of what was done or not done.

@prathameshr 5 дней назад

One point not touched in this video is % of people paying income taxes during Regan's era in USA and today what % of people paying Income taxes in India.. difference is causing the pain. Start with charging tax from Farmers having income above 1 Cr. And fact what I understand from video is,.. be it less tax or more tax, in both cases, rich are getting rich and poor is getting poor.

@FEN423 4 дня назад

अबे येडे govt not earning in IT but GST, Revenue Tax, Excise duty, Import Duty, STT, VAT, Property tax, Stamp duty etc.

@Deepa-ki8km 3 дня назад

Try taxing those rich farmers. All hell will break loose. They are very influential politically even have foreign support.

@FEN423 2 дня назад

@@Deepa-ki8km Every farmer is paying taxes in Mandi, Petrol, Diesel, Farm equipment, seeds, Pesticides etc. Abolish IT 😡, increase corporate tax

@Deepa-ki8km 2 дня назад

@@FEN423 Every citizen is paying taxes not only farmers. And I referred to those farmers whose income is more than 1 crore not small farmers. If you're a salaried person you earn this much then you have to pay income tax. Then why are these farmers exempted from taxation?

@FEN423 2 дня назад

@@Deepa-ki8km pls check taxpayer data especially above 1Cr income, then check how many Farmers earn 1Cr. If you look at amount of time and machinery applied against IT amount, u will simply Abolish IT and reinstate Corp Tax cut. Don't single out Individuals but look at the organised loot by NPA to private company. NCLT selling bankrupt companies at only 5% of receivable value. 95% of debt is written off and lending banks booked losses where account holders are being charged for taking banking services as well, double loss, to public. Nobody stopped salaried people from Farming. 😂

@soumasingh1534 2 дня назад

Tax on bikes is 28% and on buying helicopters is 5%. You now know where our country is heading!!

@snagarmat 8 дней назад

This is what Subramanian Swamy talked about when he said we need to create Demand by lowering taxes.

@rajbunsha8834 8 дней назад

He talks about abolishing it altogether which is a problem as well

@_____aditya____ 8 дней назад

The one who differentiated in cows?

@YOTUBE8848 8 дней назад

If that is done, it will increase prices for non-taxpayers as taxpayers will increase their spending on essentials as well. Suit-boot ki sarkar jibe is the other side of the same coin which will be used by opposition.

@santhoshs9810 8 дней назад

@@_____aditya____no the one who is different in pigs

@_____aditya____ 8 дней назад

@@santhoshs9810 different in pigs? 🤡

@aakshharwani5767 8 дней назад

being coming from real estate family, black money transaction was never slowed down before and in coming future it is never going slow down.

@angadatkare4 8 дней назад

Yes correct same thing

@pawankhurana1345 7 дней назад

Real estate has always been a sector always away from Government clutches. Many have selfish interests including Netas. Many politicians buy land at throw away prices , convert land use, and act as middle man minting money many Times, taking advantage of theirs Power

@leoscrazy493 7 дней назад

Black money also helps people I think

@palllav508 4 дня назад

The fact you explain both sides of the coin without showing any bias is commendable. Love your content🤌🤌🤌

@ashakarkera9179 6 дней назад

Why pay money to these people from the age of 18. Should pay after 55 years to 75 years

@CBTFsportsandcasinotricks 2 дня назад

wo bolenge ki aap roads pool bus sab 55 saal ke baad use karna - bahana he ki aap ke tax se ye sab banta he

@sushonfire 8 дней назад

I have 30000 salary and i cant even save money due to high cost of living, really worried about my son's future 😢

@primeyoru 6 дней назад

monthly?

@PankajKumar-zr3tv 6 дней назад

you have a son with 30000 salary!

@sreekanthgolla4328 6 дней назад

Save small amount and invest in sip and forget about it for 10 to 15 yrs

@explorer7913 6 дней назад

@@PankajKumar-zr3tv bro you are putting him in existential crisis

@ravibanna-ey2sh 6 дней назад

Start slow and steady, Buying assets with loan at better rates is also safe investment. Or Do sip.

@mandarp9472 8 дней назад

Direct Tax is very high as compared to services & facilities received by Tax Payers. 1) LTCG on immovable properties - 21% 2) LTCG Equity - 10% 3) STCG - 15% 4) STT This is multilevel taxation.

@Achintyanath 6 дней назад

@@mandarp9472 LTCG and STCG need to be abolished

@grajiv1979 6 дней назад

Question the state govts and the non tax paying citizens who are swindling the money...also remember that 70 years of mismanagement..

@sustainablehuman15 6 дней назад

Just a quick Q - when we are already paying 30% direct tax on income + indirect taxes on goods and purchases, can the govt not make our investments and savings tax free?

@ainvondegraff5233 3 дня назад

This currently happens my friend just purchased flat in posh area of Noida. for example lets say flat costed 1 crore, so they came to conclusion that in official document seller will write 30 lakh for the flat and 70 lakh will be black money sent...It's super common in India everybody does that. even gov got so much gst that they are hiding it now. just wow

@drsatyamupadhyay 3 дня назад

Just wow

@rockingdude8383 8 дней назад

The real problem is with high taxes only a miniscule number of people (

@RohitKushwaha 7 дней назад

Say Income tax, otherwise everyone give indirect.

@Snoozefor10minutes 7 дней назад

The rich pay least to none taxes in India, that's the main problem

@illogicallyloggical 7 дней назад

100% Indians pay indirect taxes. The problem is people are paying taxes over taxes.

@TheKakarot_itachi 7 дней назад

As it should be

@bhupinderosan4455 7 дней назад

100% population is paying indirect taxes on every service and product.

@parthmatanhelia8304 8 дней назад

I'm an economics undergrad student from India in the US. Love your videos!!

@niceguy3099 6 дней назад

Don't learn Indian system.. Learn American..

@WowSirSmallFan 4 дня назад

My friend bought a laptop on black money last month lmao

@abcabc-wx2nl 23 часа назад

Just 1.5% population pays taxes..it's shameful that the gov demands taxes from such miniscule population without any benefits n quality gov services for tax payers ..

@darshanpatel4016 8 дней назад

Why can't government provide GST rebate for salaried employee? that way, they will buy everything via bill. This way, no tax slabs has to be changed.

@vamsikrishnapotula6608 6 дней назад

No selling people will increase the price and they will make us to pay. Same thing happening with card payment now

@darshanpatel4016 6 дней назад

@@vamsikrishnapotula6608 Currently we are already paying GST in every item.

@StartNight-df3sv 7 дней назад

Tax for buying things. Tax for income Tax for death Tax for everything Then becomes beggers. How beggers can pay Tax ?

@enigma19able 3 дня назад

Even beggars pay taxes when they buy food.

@BH369 День назад

soon tax for breathing air

@corrleone 8 часов назад

@@StartNight-df3sv tax for death? Can you explain?

@AdityaKumar-jk6ry 5 дней назад

I'm a commerce guy and currently doing an MBA , But I have learned so much about economics today, which I had never learned before, just from one of your videos."

@atharvrawal124 4 дня назад

Love content like this this probably took soo much effort amazing video i have a new found admiration for the economy (subbed)

@raktim_org 8 дней назад

This is INSANITY!! I can't even imagine myself doing this much research and speaking out so fluently in front of a camera while analysing 10 Billion different values!! Much much love and RESPECT to you, Ganesh bhaiya!

@santosh_Benkiee 8 дней назад

Shops like Vegetable, fruits, flowers , small home things never pay tax to Government 😢😢😢 but earning lot of money 😮😮😮 bring tax to everyone

@rajibkumarsahoo5025 8 дней назад

Even small hotels and shops they make way lot of money but doesn't pay tax that's why they are rich but salaried are poor comparably.

@beindian4508 8 дней назад

Idly wada cart wala bought n construct new house worth 3cr rupees. Still he is living like poor n not paying any taxes

@MVPHumanbeing 8 дней назад

You also leave the job and start small business if u think they r making lot money than job holder

@beindian4508 7 дней назад

@@MVPHumanbeing exactly 💯💪

@yoginderbagga6622 7 дней назад

Sad reality. These days a lot of small business holders who earns in lakhs or crores are not even paying any taxes at all. At least, they should pay some tax if not huge tax. And at least, lower middle class taxe should be minimize if not much.

@dharmendrarathod7088 6 дней назад

Wow...loved your case study and it clarified some of my complex ideas.. Great explanation.. Keep it up❤

@meemeeki 3 дня назад

Before the election and after the election now we have more tax ...

@Ro-nal-d0 8 дней назад

Bro we miss OLD BUSINESS CASE STUDY VIDEOS... ❤❤❤

@Chaos_rider_666 8 дней назад

Yea please make videos at the ratio of 3 business case study and 1 policy case study 🙏🏻

@NehaSingh-px7ni 8 дней назад

what's wrong in getting to know about governance in the country? comment seems inspired from the barking dogs in parliament

@Chaos_rider_666 8 дней назад

@@NehaSingh-px7ni nothing wrong with that but there are hundreds of channels does the same political news/stories/analysis video on the other hand very few business channels exists on the standards of think school I for one subscribe to this channel specifically because he inspired me to become an entrepreneur as a viewer we are just making suggestion wether he takes it or not is upto him

@officeofsatish 8 дней назад

Seriously Bro, I have been following your channel from almost the beginning. Most of the policy related videos seems to capture less than half of the actual picture. Please either try a wholesome picture of the policies. Or focus on business videos which carry more knowledge and less opinions.

@vivektam 7 дней назад

He is advocating bjp since election campaigning.

@dhavalukani 8 дней назад

We are in country where govt is tax terrorist, and shamelessly govt. never hears minor breed of traders.

@ketoworld7002 8 дней назад

💔💔

@PrashantKumar-ur6zm 4 дня назад

Great! Great! Explanation. Just Incredible, the way you said and explained the pros and cons of increase and decrease of tax. And please make a video on income inequality if changes to equality then how it can impact overall growth 📈 😊

@thedoctrader 3 дня назад

It already late. Finance is the weakest sector of this govt. Govt be like: Tax badhadoo sab kuchh thik hojayega.. sh*t

@Kislay11 8 дней назад

I really don't understand the comments section, there was almost no political points made in the video, yet most comments are political. Maybe Its just too early for proper comments to surface, coz these guys seem to only comment based on thumbnail and title 😮‍💨 Anyway, as always a great Video!

@dhruvjindal5359 8 дней назад

Most worthy 30 min of my day. this not just a case study but an awareness about our economy and their is an urgent need that the people of India must understand this . kudos to the team for presenting the best case study on taxes and am always eager to watch your upcoming episodes!

@bulasimhadri 3 дня назад

Huge huge enormous taxes. No words to desribe taxes in india

@anshulgupta2136 3 дня назад

I was thinking to, stop this video from 2:00 and i watched the whole video. Too much Informative.

@purnachandra6986 7 дней назад

Nice video.... Eye opening. When business minded people run government,all they want In return is money from the customers. Here customers are people of India.

@pardeeptandon 8 дней назад

In 2019, India reduced corporate tax by 8 %, but businessmen did not set up any new factories and kept the tax rebates in their pockets, increasing the GANI factor in India and also increasing unemployment.

@ExcitedWindowTulips-tc8ll 8 дней назад

Well Said!!

@vidyanagarajan9135 8 дней назад

If you think by taxing high to corporate they will give employment then you are wrong. They will definitely move to country like UAE , Saudi where they are provided tax free. Thats why many rich person from UK also moved to UAE and Qatar where they are tax free.

@pardeeptandon 8 дней назад

@@vidyanagarajan9135: Could you reread what I have written?

@spg6651 7 дней назад

That is the point -- Additional money hand due to tax cut need not go to economic activity -- It can go to pockets of few people OR Go out of India through Hawala operators

@spg6651 7 дней назад

@@vidyanagarajan9135 That is why affirmative action required by Government in job creation -- Let there be GOVERNMENT SECTOR IT COMPANY with same Rules and regulations like that of TECH companies -- NPCI brilliant subsidiary of RBI is classic example .. Government has bog role to play in job creation

@vinitpathak9685 5 дней назад

Wonderful analysis brother..this is actually what called content creation

@shovanmania1 2 дня назад

I really appreciate the way you research and present the data without bending your knee to one side or the other. This is one channel I can trust for information without peddling any agenda.

@shibakarmakar7030 8 дней назад

Thank you Ganesh - The principal of Think School❤. You have proved that a school can bring a very big positive attitude. Indians really need this type B-School ..

@santosh_Benkiee 8 дней назад

20 percent people giving tax and rest of them are using for the free facilities 😢😢😢 still how many years we need to go through it 😢😢 bring one tax one nation rule....no more free facilities

@vidyanagarajan9135 8 дней назад

And freebie farmers and protest professional will be on the road unless all tax payers come to the road to counter them

@Unacceptable. 8 дней назад

There is not a single person in India who isn't taxed, if you want to buy a nail in India, you are paying tax. If by "tax" you ONLY mean income tax, then you are fortunate enough to have a job that requires you to pay it. The rest of the people have to create their own means to put food on their plates.

@c0dakw0lfgaang48 8 дней назад

20% who gave you that number, less than 5% pay direct income tax mate.

@d.dcosta8771 8 дней назад

@@Unacceptable. Very well said. The top earning population of our country is living in an utopian world. And most of these people r generating the majority of India's Black money!!!!

@NaveedAhmad-qr4pg 8 дней назад

that is the most idiotic thing inhave heard in a while

@awinashsumit4070 3 дня назад

Gov. Of India needs to see this, before its too late

@reviewit8129 4 дня назад

Hi Ganesh sir ....I M an upsc aspirant ...thank you so much for this invaluable knowledge u share with us lot's of love and respect ❤🙏🎉🔥

@surajc3571 8 дней назад

This is the best channel based on my viewing and learning experience on RU-vid, keep up the good work👏

@TravelCuisines 8 дней назад

There is a saying , CHORI HAR KOI KARTA, SIRF BHAAV LAGANE VAALA CHAHIYE which is probably true for 90 percent of people. It became apparent during demonetisation. Demonetisation would have been a success if some people among general masses had been honest, but we all know how many bankers ensured back door replacement of notes of higher denomination which came to light when some were caught. Also many poor people stood in line to replace others money for small commission. So whether rich or poor, educated or uneducated, most people are ready to do corruption. All they need is scope and price suitable for them. So lets not blame politicians always.

@homemade2800 8 дней назад

100% correct

@eraiyanbuvetrivel3553 8 дней назад

You play with the 52 cards in the deck. There is no point in crying that the game is unfair because you are bad at it. Good government would have foreseen the problem with a massive exercise like demonetization.

@PK-xv4bg 8 дней назад

@@eraiyanbuvetrivel3553 in order to win the war, you loose some fights, do some research about Pakistan' s economy and terror funding in India after demonetisation

@PK-xv4bg 8 дней назад

@@eraiyanbuvetrivel3553 and yes for conclusion Modi government has won the war

@altersimon9036 8 дней назад

@@PK-xv4bgThe Russia/Ukraine, Israel/Palestine or the Manipur one?

@FreshlyBrewd 6 дней назад

Can someone tag this wonderful video to our finance minister and the policy makers 🙏🙏🙏

@RonaldAnthonyKharsyiemlieh 5 дней назад

the amount of research, digging and thinking that went into making this video is insane. could be that I'm dumb too too but. Impressive and eye opening for me at least

@renjithharidas2988 8 дней назад

To an extent reduced. In the year 2010, Black money was all over in calicut, kerala. But now it is difficult to find these black money fraudsters in the city. It shows the difference

@Channel-y5y 7 дней назад

In rest of the India it has actually gone up.

@ashokpandey7340 6 дней назад

It's with Politicians of ruling party 😂😂😂😂

@anadimishra7238 8 дней назад

Everything is Well and good but please make a video on Taxes and expenditure of Govt of India and Any state you can. Thank you

@sbelle_ame 3 дня назад

Your way of explaning such critical topics is very smooth and crystal clear.. good job!!

@anmolgupta3203 6 дней назад

After 10 years with this high level cost of goods and inflation. There's no change in Tax slab and IT percentage. If gold was 23k/10grm in 2014 and now it's 80k/10grm and similar for other goods but how come people who are earning 10 lakh today need to pay this much of income tax.

@Besttimeandaman6460 8 дней назад

Areca nut farmers earn 20-30 lakhs in a year and some farmers more than 50 L in Andaman Nicobar Islands but didn't pay income tax. From many decades..

@aleyammarenjiv7978 7 дней назад

There was a time we used to pay agriculture income tax. My parents used to pay

@gauravkanwasi7084 8 дней назад

Wouldn't it be better if the government reduced taxes and mandated that individuals invest 75-90% of their tax cut benefits in the government or private sector, allowing them to use the remaining amount for personal expenses? Similarly, companies should be required to invest 80% of their tax savings in the Indian market and research and development, ensuring that these investments are not linked to high-level company personnel. Additionally, research and development funds should be allocated to universities and independent Indian companies. This approach would ensure that tax cut benefits are invested in India without significantly impacting the salaries of high-level individuals or company owners.

@Bharati-gm9ol 8 дней назад

Very well thought and it's doable. But Govt has vested interest in our tax money.

@pgnara 8 дней назад

Such a tax regime existed prior to 2020 for certain companies who availed tax holiday/ exemption (the recent one which has sunset in 2020 under section 10AA of the incometax Act, 1961 were availed by companies in Special economic Zones (export zones) which required reinvestment of profits to claim such an exemption). The government, since 2019, rolled out a concessional tax regime for corporates @25.17pc without any tax holiday/ deductions. Currently, central and state governments have announced fiscal incentives in the form reimbursement of GST, stamp duty, lower rates for electricity etc, to encourage Industries to build/ expand. These incentives require min amount as investment including employment generation threshold to be met. Perhaps, @Thinkschool can cover this in a future video to give us an idea of how these incentives have bolstered the economy. Separately, a huge shoutout to Thinkschool for this wonderful rendition. Was glued the entire time. Very thoughtful and well organised vid as usual. Cheers.

@user-y6f 8 дней назад

my be difficult to achieve because the defination of how it is, invested is broad, do they make the poeple chose? then someone could get a non working asset like gold or land which is the same as parking money. Do they take the money and invest it themselves? that is the same as PPF scheme which is already going.

@user-dr2gj1ro1u 8 дней назад

The govt can emphasise more on sec.80JJAA of income tax act and include clauses wherein the companies invest a threshold limit of say 60-75% of Free Cash available to them according to their previous audited balance sheet, in order to avail lower tax rate. It would be a win-win situation to both govt and the company.

@PriyansuBhagabati 21 час назад

Or in other words, debt What you just described is basically is basically just an I.o.u or bond

@zorion3324 4 дня назад

Very well-structured, excellent presentation, a job well done.

@aniketacharya512 4 дня назад

The quality of your explanations are amazing. I've understood this concept thoroughly. Highly appreciate the research done!

@het_7778 8 дней назад

I think use of tech in taxation n public infrastructure usage will help us to adapt our economy goal faster

@ramagadu 6 дней назад

I really don't know how you collect such a info and explain in a very simple way in best order.

@ashutoshaurum 5 дней назад

Ganesh, you have a knack for explaining thing brilliantly and this video was very well explained. The title looked like a clickbait though as this was not answered well.

@meetshah7005 6 дней назад

Thankyou Ganesh for beautifully explaining the Reaganomics! Glad that you covered both the positive as well as the negative aspects. Learnt something valuable today!✨

@sameeh. 8 дней назад

Crisp and clear insights/explanation on Taxation and its adverse effects on economy Always loved your case studies👍🏼 Keep up the good work without any biasness towards anything

@MS17943 8 дней назад

One single Modi cannot change all of the mindset of people. It is the people that needs to change and ensure they pay their taxes with responsibility. Only then the country will grow. What Modi has done over the last 10 years is to improve the tax base and make the system as transparent as possible. However more needs to be done. Whatever actions taken by the govt in my opinion has been taken in the best interests of the country. Our people need to realize and change for the better.

@_____aditya____ 8 дней назад

@@MS17943 this country will never develop until unless the citizens change their mindset which sadly indians can never do. If the govt forces them to, they'll simply elect congress. Prime example is of UP

@swaroopramesh3248 8 дней назад

@@_____aditya____ true bro. If the people are not ready to change the mindset them no matter what the govt do it wont happen.

@arpan9937 8 дней назад

I agree with you. People blame the government just like they used to in the past. But our current government is one of the most stable and fiercely nationalistic we've had since independence. Yet, many continue to cling to their casteism and freebie socialism. It feels like nothing will change in this country. During the INC era, everything was running on the remnants of what the British left behind; those leaders didn't even manage to build a police station. How can we expect Modi to transform the country in just ten years? Without significant change, India might remain the third-world shithole it is even at the time when we will be growing white hairs.

@_____aditya____ 8 дней назад

@@arpan9937 it's bitter but it's the brutal truth 🙂

@manankukreti8906 8 дней назад

Modi and his team can actually make india a less corrupt country just like western nations by applying their system and software which makes doing corruption very hard like happen in many banks where a accountant can't steal a single penny from their because they apply systematic softwares which holds the record of money, they constantly monitor those accountants and much more but he didn't because BJ party is also corrupt even someway more than khangress

@pracheepalsule День назад

I congratulate you on your ability to simplify complicated topics.

@mansishukla8981 5 дней назад

Learned more than my whole graduation degree❤..love you bhaiya for providing such valuable content for free

@abhijithole2226 7 дней назад

You seem to be back! Congratulations this is a very good video, it took time but it's here. Keep the great work going and don't loose focus please. We need you.

@titlisen7235 8 дней назад

u made me addicted to your videos Ganesh sir ... i wish our teachers taight us in this way.. if u were my teacher trust me i will have 100% attendance in my class

@88pianissimo90 6 дней назад

Good video. Keep doing more of these. Subscribed to your channel.

@shankarnsangeet1588 5 дней назад

Very interesting & clear. Good input, essential for youths, businessmen and the Government to introspect and take these ideas & implement.

@sumeetmoray 8 дней назад

Well researched ... Thanks for such informative content ❤

@gowthamkarthik7771 8 дней назад

Really one of the Outstanding video by Think school....... My wishes for this efforts and we are looking for more such video from think school....

@praveenkumarml6940 5 дней назад

Summing up your Video Cess: High rebate and High commission. Fantastic Indices at Ground zero. splendid one.

@Aayeein 6 дней назад

Watching your videos after long time and yours videos are still amazing from any other creators Such an amazing content 🔥

@Anirudh_C_J 7 дней назад

Wow! The content your team provides and the way you articulate it, even a layman could understand without any background. It's so good to have a infotainment channel covering from geopolitical issues to business case studies and giving a clearer insight on the topics with additional references is simply work of art. Thank you for your content it is helping many if not most out there PS: CA Student

@user-yi8rh9wu9s 5 дней назад

But he missed to tell how much the American bakery employees spend their salary in the old tax rate and how much American government earned tax from movies, diapers, etc.

@TanmoyMahajan 7 дней назад

@ThinkSchool Can you do a study on what will happen if all physical cash is removed and all transactions have to happen through UPI?

@CBTFsportsandcasinotricks 2 дня назад

in bold language - India tax system like Zamindar - jhunnu lal shadi ke baad 1st night dulhan uski - baki 29 night gaao ka mukhiya officer sabziwala dudhwala all slept with her and next month again 1st night dulhan for 1 day with jhunilal - ese hi har business me sarkar ke alag alag tax department hamare pese ko thod dete he - isliye black money peda karna padta he logo ko - saal ke profit pe aap 1 baar 10% lelo ok he kisi ka dene ka man bhi karega - ullu banaoge to janta bhi apko ullu hi banaegi - baki ka kaand karne ko CA bethe hi he

@nanubalakundan9825 День назад

This was soo fun to watch! Thanks man good work

@utkarshchandra1339 8 дней назад

Ganesh bro... TOO GOOOOD!! that dabba trading got me completely taken aback... but really very well and easily explained !!

@adityathaker373 8 дней назад

We Indians have already got that habit of evading tax regardless of taxes.. Bring taxes down we will still evade for greed

@sarthak908 8 дней назад

this is very rudimentary way to look at it, people try to evade taxes because there is literally no benefit for direct tax payers, Direct tax payers are less than 5% and they are treated shit, No education, No public healthcare, Infrastructure is bad, A avg house in india cost more than what it cost in Canada Usa and other developed nations, Even if you pay alot of taxes, doesn't evade you still have to pay alot of indirect tax, your children education will remain costly, healthcare is expensive, forget everything we dont even have clear water and air, you earning lakhs and lakhs going to live in Metro city where your children have 70% more risk of cancer and other deadly diseases because of pollution in food, air and water. Earn good money and you'll think of leaving India, because everything is build to benefit politicians, Everything is free for them, petrol, food, they literally get servants which are 24*7 available even if you see where our so called national politicians live, you’ll feel like you’re in a developed nation, alot of trees, good air, A class roads,plus even if they loose they get free money as pension for life.

@rishavraj55 8 дней назад

@sarthak908 totally agree with you bro but there is a catch.. We mainly suffer from all these bad facilities because of people living in India itself.. the government is trying to do what they can but the problem lies with people.. major population of Indians don't pay taxes and so they have no respect for public facilities which can only be improved by bringing laws that can punish them.. but again if they get punished for every small thing like stealing towels from train.. this happen a lot if one gets 500-1000 rs fine or even one-day jail.. next day it will become a big political issue and believe me no one will support these laws.. so it's not about tax it's about laws.. We need a strong government and strong government supporters who can understand all this and help the government in these periods.. otherwise if government passes any such laws riot will occur, opposition will use it to manipulate people and ask them to choose them next time.. and next time people will choose them Like this time happened with UCC and CAA

@sarthak908 8 дней назад

@@rishavraj55 umm, I agree on civil sense is very less in India, but when govt themselves exploit civil facilities, the normal people will going to imitate the same, and well we already had a strong govt for last 10years, taxes are at all time high, tax collections is at all time high, infrastructure is not at all proportionally good to tax collected, black money is at all time high, the funny part is BJP govt is now one of the richest party of world in 10years, but I’m not here to debate the political view, im just trying to make sense in a way that the tax collected, whether direct or indirect the govt is not using it wisely, we pay tax on salary, pay tax on buying car, pay tax for road, pay tax on petrol, then we again have to pay toll tax, which is more or less free for politicians, we’re so blinded and manipulated that its very sad. And law has become a joke in India, law works for powerful and rich, a man who stole 500rs towel will be punished but a politician who ran over bunch of people with his car will be set free, so yea the corruption has become worse. One more point, indian railways has most number of accidents in years, most number of death than any country, and while we are launching shiny trains, we dont have population which can afford it, earlier we use to have alot of local coaches in train now its 1-2 where will the poor person travel? I recently went in AC coach and it was full of people and TBH, I dont even blame who went in without having AC coach tickets, because our govt reduced the local coaches so much that it has become impossible for a lower income person to travel. I just wish i leave this country for good, so my children doesn’t have to live in a country where this much of corruption exist and people lives doesn’t matter. One more point, about UCC CAA, yes they are good laws and should be implemented but opposition using misinformation to manipulate people is not new, Modi was against globalisation of indian economy, he was against computer as he thought computers will eat peoples jobs. So politicians will do politics on everything, but going against on what you came for is a new low, a govt came to tackle the corruption becoming one of the richest party in 10years says alot about what they are doing to corruption. ✌️

@MrRaghavann 8 дней назад

Only 8% Indians pay tax. That's the main problem here. And people are greedy if modi takes any drastic measures next time he won't be in power. We are nation of incorrigible people. If everyone pays tax there is no need to tax middle class this much. As far as modi is concerned he has increased number of people paying tax to curb evasion. That's the quality of good administrator. But will tax payers recognize this step he has taken. Probably no. In india everyone's thinking is selfish. No body thinks beyond themselves.

@rishavraj55 8 дней назад

@@MrRaghavann right bro For India to become better Indian need to become better citizens.. If we can protest against something bad like farm laws in the past, can't we protest for the betterment of our country and society

@dineshkadali6499 5 дней назад

But personal income tax can be zero while keeping all other types of taxes.

@vinayak6685 5 дней назад

Question: With Reganomics, can govt put a condition like, if you show reinvestment and more good paying jobs creation, then we will reduce the tax, if not we will recover the whole tax amount, at the end of FY

@Balafro23 8 дней назад

Hi Mr. Ganesh Recently I took a five days class in taxes and I feel it is not full and satisfied i don't know why but every time your content given that satisfaction and increase the target of education please continue this....

@lundfakhri448 8 дней назад

Poor people get go another country We cannot keep lifting their Bhoja. The reason they are poor is because they do not understand how to make money. They keep pulling rest of us down.