@vox_populi2020 Hello, TDP bajana batch, ever heard of 1991 economic reforms. The real reason behind greater flow of private investment to Hyderabad
Why no one ascribes Bangalore growth to a political leader, which has far greater flow of investment. Stay closer to reality than hyping up
In #USA 30% tax slab starts above INR 150L ($182100)
In PPP terms it's 37L India Salary
In #China 30% tax slab starts above INR 48L (CNY 420000)
In PPP terms it's 23L India Salary
Here we start 30% tax slab above INR 15L
In USA you don't pay capital gains tax if your annual income is less than 39L ($47000)
In PPP terms that's 9.5L
So we are already paying more taxes than developed countries
In return don't even talk about Infra , Social Security or Healthcare benefits for Taxpayers.