Why isn’t most of India paying Income Tax?: Myth-busting before Budget 2021

indian rupee

Person 1: Only 1% of India pays Income Tax. It’s a sad state of affairs.  Person 2: Obviously. There’s black money, and evasion, and most eligible tax-payers don’t pay up.  Person 3: And we know they can pay if they want to- because look at the motorcycles and cars and houses being bought…I think I see wealth everywhere.  A common myth, perpetuated by such...

Finanomics – All About Vaccines

Covid Vaccines / Corona Vaccines

“How much is it for?” On 19th April 2021, the Government of India put out a statement announcing that all individuals above the age of 18 will be eligible to get vaccinated from 1st May 2021. A move that was received well by many Indians as we saw a huge surge in covid cases across India. The decision, on the surface, a good one...

The BJP’s rise: India’s democratic failure

BJP National Executive Committee Meeting

Having BJP in power would have been ideal if only there were an efficient enough opposition to it. The opposition has two main jobs, the first is very obviously its role as a check on the government’s policies and work and the second, which is the foundation of the first; to be a good enough alternative for the people that the party in power...

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