
Yashaswi Bhatnagar
468 posts





In Lajpat, you can now pay ₹149/hr for someone to carry your bags, wait in food queues, walk you to the metro, find you a place to sit, and even set up a foldable chair. interesting biz !!










Dear Hardik Pandya, Just give away the captaincy back to Rohit Sharma, you can't win against his dirty politics and PR Game, instead it's affecting your solo game as well. It's very sad to see you like this.💔








Change in Bollywood seems to be for real and Dhurandhar 2 is leading from the front. .kudos to Aditya dhar 🔥














There is a persistent narrative in public discourse that the Indian middle class is subjected to a uniquely predatory tax regime. However, when we strip away the anecdotes and look at the hard data across G20 economies, a completely different picture emerges. We must look at the "Prosperity Multiple", the ratio of the tax-exemption threshold to Per Capita GDP. This metric reveals the true fiscal entry point for a citizen relative to the nation's average income. In the developed world (the so-called "Global North"), the fiscal philosophy is explicitly designed to widen the tax base as early as possible. - In the United States, the state begins taxing citizens when they earn just ~18% of the average national income. - In the UK, the threshold is ~28%. Essentially, these economies operate on a model where if you are earning a living wage, you are paying income tax. The net is cast wide and deep. The Indian Outlier Contrast this with India. The data shows India is a massive statistical outlier, standing at 5.32x. India is the only G20 economy that allows its citizens to earn more than five times the per capita GDP before they enter the direct tax net. The gap between India (#1) and Argentina (#2) is not just a margin; it is a structural chasm. To contextualise this for an international audience: If the United States adopted India’s tax threshold ratios, an American citizen would not pay a single dollar in income tax until they earned approximately $476,000 annually. The Strategic Choice This is not an accident of policy, but a deliberate macroeconomic choice. While the standard prescription from global rating agencies has always been to "broaden the base" (tax people earlier), India has resisted this dogma. Instead, the policy focus has been on shielding the purchasing power of the aspiring middle class. By keeping the fiscal entry point exceptionally high, the Indian state effectively leaves 100% of disposable income in the hands of the vast majority of earners. This fuels the consumption cycle that drives our growth. It is easy to get lost in the noise of domestic debate. But the data is clear: no other major economy in the world provides this level of relative income shielding. We are not just holding the line on tax relief; we are arguably the most protective regime in the G20 for the entry-level earner. It is time we evaluate our economic structures based on evidence, not inherited narratives.










