When Indira Gandhi brought 97.5% income tax rate in India

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Side Hustle Weekend

Ankit Uttam

32 episodes

6 days ago

Side Hustle Weekend delivers no-fluff guides on making money in the digital age. Every week, we break down tested side hustles, AI tools for entrepreneurs, and practical ways to build income streams around your regular job or studies. Whether you're looking to earn an extra $500 monthly or build a full-time business, our channel gives you actionable steps without the hype. Join 'The SHW' community where we share weekly actionable tips, real case studies, and step-by-step guides to help you start earning on the side. Let's build something together.

Entrepreneurship

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All content for Side Hustle Weekend is the property of Ankit Uttam and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Entrepreneurship

Business

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When Indira Gandhi brought 97.5% income tax rate in India - The Insane Story

Side Hustle Weekend

12 minutes 12 seconds

8 months ago

When Indira Gandhi brought 97.5% income tax rate in India - The Insane Story

Did you know that during the 1970s, India's highest income tax rate soared to 97.5%? Imagine working all year and keeping only 2.5% of your earnings!🔹 Key Topics Covered:✅ Why India’s tax rates were so high in the 1970s✅ The socialist agenda & its economic consequences✅ How extreme taxation led to massive tax evasion✅ The shift towards tax reforms & economic liberalization✅ Lessons from history: Why over-taxation doesn’t work👀 Watch now to understand how India’s tax policy evolved from crippling tax rates to modern, pro-growth reforms!💬 What are your thoughts on India’s tax system? Share in the comments!👉 Subscribe to Side Hustle Weekend Newsletter (www.SideHustleWeekend.com/nl) for more tips, tutorials, and side hustle ideas!👉 Visit www.SideHustleWeekend.com for free resources, tools, and guides to kickstart your journey.🔔 Subscribe for more insights on economic policies & business history!#IndiaTaxPolicy #IncomeTaxIndia #IndiraGandhi #TaxEvasion #EconomicReforms #WealthTax #IndianEconomy #UnionBudget #SocialismIndia #GST #Incometax #nirmalasitharaman #nirmala_sitharaman #incometaxation #incometaxreturn #incometaxnotices #income