Soon you may get notice from IT Department 😂😂😂😂😂😂😂😂

These old aged politicians will die in next 10-15 years and new era will come up with new thoughts…hope things will improve then.

In India where few pay tax and large section enjoy free meal ,free seat…fre fre e many more.

Our govt is tax suckers sir

Atleast change the f****ing tax exemption from 2.5L, and other deduction as well… Prices are sky rocketing, still same old deductions…

Good topic. But the example about US capital gains is very wrong. US has a max 20% on long term capital gains. Also if someone is renouncing US citizenship, they will be subject to expatriation taxation. Also there is no tax treaty between US and Singapore

Sir you are giving half truths. There are huge issues in the global market due to which government has increased GST.

I don't agree with you that lot of people are leaving India because of taxation. They are leaving India because of lifestyle they want. Otherwise the cost of living in developed countries will generally offset taxation in India. Also if you think business men including traders are frustrated with taxation, pls note it's the salary class which is most affected, business men know how to manage taxes

After a long long time, I could hear some P R Sundar's trademark jokes and stories. Loved it! 🤣👌

The situation is going to more deteriorate in coming decades, as the deadline is set by Modi to 2047.,🤕🤕🤕
Tax Terrorism, correct.

Why people are afraid of tax……it is for infrastructure development only. Even after 75 years,we are waiting for freebies from government. Even PRS wants freebies though he is making crores of money every day.🤔

you also become millionare ,beacause you left india worked in singapore . moral of the story leave india for couple of years .

Now ED will be after you Mr. Sundar 😁

Quality of Indians migrating to other nations is very high in education, ethics, work culture, and they take huge wealth become part of culture, progress of the nation they settle. But high percentage of people migrating to India are less educated, cruel at thoughts and they come here to spoil culture , no ethics and they are poor and come with out any wealth.

Here in India poor people who don’t work have lot of facilities. And hardworking people have lot taxes and they end up feeding the schemes for poor people. This pushes important talent out of India. We end up with nonsense people and a lot of tax on hardworking people. That is the poverty loop.

Absolutely Sir…. The increase in taxation rate is making volatile to common man as well as traders….. Thank You for the honest review.

I like India but i don't like Indian systems,and governments, btw planning to leave this country…

Paneer butter masala 🤣

We need Dr. Manmohan Singh back as Finance Minister in the current NDA government and
Dr. Raghuram Rajan as RBI Governor.

Good bye PR. Get out soon. The country doesn't need greedy fellows like you.

Lol.. 'suffering' of millionaires? 🤣🤣🤣

India also has Tax for Global Income.. Based on your residency NRI

Indian taxation is as good as Sweden and Norway, but no comparison with the facilities they get like health, education, infrastructure etc..

Sir
Whoever has once travelled the West or East Island Nations (NZ/Aus) will try to settle there only.
Look at the taxation system here… I'm paying 1/3rd of my salary as direct income tax …above that I'm paying Indirect taxes like GST/ Excise and Cess charges on Fuel/ Gas…. Right from the breakfast to sleeping, we are paying taxes just for the survival, and look at the conditions of services we are being served…. Meanwhile, our counterparts, who are abroad..though pay a bit higher direct taxes but pay almost Nill Indirect taxes, and the living standards are very high.

From getting education to finding a decent job, that too near home state is tough…then comes the on-the-job crisis of political interferences, even when we perform average..someone with links(political/caste) goes up in the ladder…..

Lots of things are there to mention….I think Staunch Nationalism won't survive much longer than an entire lifetime of subordinate standard of living…. 🙁

5:03. Wrong. The US tax is taken at source for Non Resident Traders. Maybe Singapore and Dubai brokers do DABBA trading.

Yes I did also. My electricity meter was cut off and taken by the Electricity board in Vashi, New Bombay while I was sleeping inside my apartment. Did not pay bill? NO. I had paid in advance for 6 months. But the illiterate bustards of electricity board of Vashi, New Bombay could not read the bill. When you pay in advance the figure shows Negative amount in their system and prints the same. Yes I trade futures in USA.

You people were the reasons why British looted us cuz even now if they offer you free tax you might sell india to them jerks!!

India is a water scarce nation and people are out of control; no laws, politicians goons everywhere, land, sand, stone mafia; govt protecting criminals; country loving and humanitarian people are labeled terrorists, anti nationals and put in jails, no respect for women, privatize education and national assets, environment degradation ……….. the list continues .

kaii sundar sebi ban f&o you looooos money hhhhhh

Real estate prices are down after 2013 and it has not recovered yet and there is less chance of near term recovery. Prices quadrupled between 2003 and 2013, then consolidated. Regarding higher taxation, Indians among the lowest percentage of income tax payers ( only 6.25 % ) compared to 45 per cent of Americans paying tax. So the govt can raise revenue only by higher indirect taxes like GST. Taxes on stock market investment is higher in India but most of the people left India not solely because of this reason, and there may be for other causes like job / business opportunities, better living conditions etc. As a country we have improved a lot in all areas and there is more room to grow. We will become a10 trillion economy with 10 K per capita income in the near future, and that is time these peoples will be start coming back and settling in india.

Private employees are in par productive than govt employees but we only getting punished at both organizational level and national level … every month 40 percent of work days is going as benefit to govt but once we loss the job we willbe helpless

Nice video sir… Great massages to the govt. We r just living to pay taxes and votes. To the govt we r just tax payers and voters that's all.. salute to you sir, have arise a good topic.. that's why I like South Indians… Love from Kolkata ❤️

Government here has totally failed to deliver and media has sided with the government. Media isn't raising any questions on the real issues of our country.

CORRUPTION IS YOUR BIGGEST PROBLEM!!! TAXATION COMES FROM THE DEEP STATE PUPPETRY!!! GET RID OF THE PUPPETS!! FIGHT FOR YOUR RIGHTS!!!

One line answer for me : Tax – Corruption and Pseudo Feminism.

BJP must not come In power In 2024, modiji is not doing anything good for for common man, only rich and poor ppl are taken care of…..

P.S.- I am ex-andhabhakt…. but now I realized that this gov is nothing different than earlier…

Happiness needs to be defined. For me, it's thriving in the pursuit of a loosely defined long-term goal while enjoying the process. I'm happy when I'm trading with Scott Huffman because he always come back with great returns, Happiness is definitely a choice and my life has seen positive change since I realised this! I mean Mr Scott’s that good

The backbone of India is middle class and above. There is no incentive who has succeeded in life through perseverance unless you succeed only through Govt. jobs. This "backbone" is taxed heavily in proportion to their financial success which is the outcome of ones struggle. This is infact a penalty for succeeding. That's why the exodus. No reward, high penalty with propotional success rate.

this taxation effect is just a vicious effect ….one of the sad part of India

Mr. Sundar, I had opportunity to settle abroad as well as several of my friends have settled abroad. I can state with confidence that taxation is even part of the main reasons to settle abroad. The main reason to settle abroad is poor living conditions, poor life style and poor governance. I myself have stayed abroad in a few developed countries and paid Income tax as high as 48%, yeah 48% and people from India, including HNIs still chose to settle there, despite having 30% tax rate as as highest income tax rate.

I believe that this saga of high taxation is false, this is far from reality. Moreover, this urge to avoid paying taxes to government is an imported concept from west, please don't spread this emotion. Rather, we Indians should be proud of paying taxes ethically, and you should also spread that kind of pride. One should rather demand reasonable and honest usage of the tax money, which is part of good governance.

Nirmala thennali Raman effect

I hope you shouldn’t get any IT raid

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Spot on Swami
Mikka Nandri

Excellent sir. I too feel exactly same as u said.

Nothing will happen to this country if few like you want to go out from here. It's always better to leave people thinking like this !! There is tax concept levied in all countries to facilitate the equilibrium of development and keep economy positive. In all the profession taxes are levied. If all the high paid doctors, engineers, civil servants and all millionaires think in the same way what will happen !!
Always think about the positive that you have !!!

One starts thinking how can I invest more and earn more!!
Some others think how can invest earn and cheat more on taxes !!!
What a way of thinking. 😅

Rakesh jhunjunwaala the big bull of India worth 46000 crore, said "its Indias time now". This man PR Sundar is saying time to leave India. See how mind set can influence. One is instilling faith in India, anoter is always instilling negativity about India and specifically current govt. I am not against anyone but both Sunder and Rakesh are in same business but how opposite their thinking is. Friends don't just believe anyone blindly, use your brains but put India first before everything.

Your heart does not lie in India but in money… heart does need very little to be healthy… you are always thinking everything with money on mind. If your heart lies in India and if something wrong in India encourage indians to stay here and fight not to run away. Nobody wants to clean the mess, but everyone wants it clean. US is highly taxed country, but everyone wants to be in US why???

Good video…Government is here of robinhood mentality … snatch from the middle class and rich and pay to the poor in the name of freebies…Let's see when there will be no rich from whom they will take and feed.

Flat 5% tax for all people, regardless of whatever income. That is what needed in India.