India’s Tax Squeeze: Why the Salaried Middle Class is Carrying the Nation

India’s Tax Squeeze: Why the Salaried Middle Class is Carrying the Nation

India’s salaried middle class is feeling the squeeze, carrying a disproportionate share of the nation’s direct tax burden. Startling figures reveal that just 3% of these taxpayers now contribute more in taxes than all of corporate India combined. This significant disparity, highlighted by Chartered Accountant Kapil Gupta, is sparking widespread discontent and urgent calls for … Read more