What if India has 0% Income Tax? | Dhruv Rathee

The abolition of Income tax is an idea which appeals to a lot of Indians. It may not be as unrealistic as it sounds since BJP’s own Subramaniam Swamy is an active proponent of this. This is also a reality in many countries across the world. As many as 23 countries like UAE, Bermuda, Panama, Monaco don’t have a personal income tax in their countries. Some don’t even have corporate tax. How do these countries manage to earn revenue? What are the sources of income for their governments? I explain this hypothetical scenario and how India could potentially make zero income tax.

----------------------------------------------------
DOWNLOAD MY APP:
📱Android app: https://play.google.com/store/apps/de...
📱iOS App: https://apps.apple.com/ie/app/dhruv-r...

MY FAVOURITE EQUIPMENT:
🎥 Studio Camera: https://amzn.to/2McQ8Vs
🔎 Studio Camera Lens: https://amzn.to/365fYSs
📸 Vlogging Camera: https://amzn.to/2Y6hoaP
🥢 Vlogging Tripod: https://amzn.to/2KKdcuq
🎙 Podcast Mic: https://amzn.to/3qLPkpq

MY FAVOURITE BOOKS:
📖 Sapiens - https://amzn.to/38QX56d
📖 Homo Deus - https://amzn.to/3o1nzIB
📖 Mahatma Gandhi - https://amzn.to/3n5fQYN
📖 Juli’s Hindi Learning Book - https://amzn.to/3bhAcvx

FOLLOW ME ON:
📩 Telegram: https://t.me/dhruvratheechannel
📸 Instagram:   / dhruvrathee  
🐦 Twitter:   / dhruv_rathee  
▶️ Youtube Channel:    / dhruvrathee  
🎦 Vlog Channel:    / dhruvratheevlogs  

MORE VIDEOS:
🗺 Ground Reports:    • Ground Reports  
🇺🇳 International Issues:    • Current Affairs (World)  
💲 Finance Videos:    • Financial Education  
📚 Educational Videos:    • Educational Videos  
🇮🇳 Indian Issues:    • Current Affairs (India)  
🎦 My Vlogs:    / dhruvratheevlogs  
----------------------------------------------------

0:00 Introduction
1:17 Direct Taxes vs Indirect Taxes
4:50 Advantages of Zero Income Tax
8:14 Disadvantages of Zero Income Tax
9:06 Case Study: UAE
10:23 Case Study: Monaco
11:08 Case Study: Bermuda
12:20 New Sources of Income?