Discover and read the best of Twitter Threads about #TAXED

Most recents (4)

#UncommonSense ..... India has already become an #OVER #TAXED #ECONOMY on the #Consumer considering how such few people pay Income tax, poor people pay GST while Corporates pay very litte.

Combined Center & State Tax to GDP over 18%!! Compare that to China (Next tweet) Image
In china the Tax to GDP is 20%... but important things to understand is (Next tweet) Image
KEY difference b/n India and China is that, in China, 1/4th of the 20% tax goes towards Social Security Contributions (EPF, PF, Insurance, ELSS etc) which in India is termed as Savings and NOT Tax.

Effectively China Tax2GDP is 15% vs 18% in India.

Another Diff (Next Twt) Image
Read 6 tweets
How Are LLCs Taxed? Your Beginner Guide

As a small business owner, it is vital to know where your money is going and what taxes you must pay every month, quarter, or year, so you can budget accordingly. Image
A limited liability company (LLC) is a business that gives the owners limited liability, so their assets are protected if they were to be sued or get into financial difficulty.
For this reason, it’s an incredibly popular business structure, but understanding how they are taxed can be complicated. We’ve broken it down for you here, so read on to understand exactly how LLCs are taxed so you can move forward with confidence.
Read 36 tweets
What are the objectives of #lifeinsurance?
Why is #lifeinsurance important?
How much #lifeinsurance do I need in India?
Read 7 tweets

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