Why Experts Think India's Tax System Fails the Middle Class

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Recording Date: May 30, 2025

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India’s middle class is working harder than ever — but is it paying the price? From salary deductions to hidden taxes in everyday purchases, the burden is heavier than you think.

🎙 Meet Our Guest!
This week on Curious Corner by Ankita, we’re joined by CA Ankit Khemkha, founder- Open House. With deep expertise in finance, taxation, and real estate, Ankit brings powerful insights on how taxes impact the middle class and what steps individuals can take to manage their finances better.

He’s here to break down complex topics, shocking tax stats, explain tax burdens, and discuss why this imbalance is creating stress for millions. It’s time to ask the tough — in a way that’s easy to understand and actionable for everyone!



In this episode, we questions — without fear, without filters.

Timestamps-
⏱ 00:00 – 01:45 ▶ 🔥 Episode Highlights – Why Taxes Are a Hot Topic Now
⏱ 01:45 – 02:28 ▶ 🎙 Intro – What We’ll Cover Today
⏱ 02:29 – 04:35 ▶ 💸 The Growing Tax Burden on India’s Middle Class
⏱ 04:35 – 06:35 ▶ 💰 Where Does Our Tax Go? Waste vs Public Benefit
⏱ 06:36 – 07:53 ▶ 🏠 Who Exactly Is India’s Middle Class?
⏱ 07:54 – 10:20 ▶ ⚖️ Is the Tax System Designed for the Rich?
⏱ 10:21 – 12:19 ▶ 📊 A Breakdown of Different Types of Taxes in India
⏱ 12:20 – 15:40 ▶ 🛒 Essential vs Non-Essential Items: Where Your Tax Is Spent
⏱ 15:41 – 17:35 ▶ 📥 Where Does All the Tax Money Go?
⏱ 17:36 – 19:12 ▶ 📈 Understanding Tax-to-GDP Ratio – Are We Paying Enough?
⏱ 19:13 – 20:27 ▶ 🤝 Voluntary Compliance – The Path to an Ideal Bharat
⏱ 20:28 – 22:46 ▶ 💻 How Digital Reforms Are Transforming India’s Economy
⏱ 22:47 – 26:04 ▶ 🚶‍♂️ Why Businesses & Talent Are Moving Out of India
⏱ 26:05 – 28:47 ▶ 💡 Smart Ways to Save Tax on Your Income
⏱ 28:48 – 34:24 ▶ 🏠 vs 🏢 Buy vs Rent – What Works Best for You Financially?
⏱ 34:25 – 37:17 ▶ 🌄 Uttarakhand as a Model: Tax Rebate & Revenue Surplus Explained
⏱ 37:18 – 38:54 ▶ 🔍 How Tax Transparency Helps the Common Citizen
⏱ 38:54 – 41:27 ▶ 📉 Corporate Tax Policies & Govt Rebate for Middle-Income Groups
⏱ 41:28 – 43:20 ▶ 🧾 How Some Companies Exploit Farmer Tax Benefits
⏱ 43:21 – 45:11 ▶ 💪 Saving Tips While Keeping the Spirit of the Middle Class Alive

👉 Watch now to uncover the truth behind India’s tax system and how it’s impacting everyday lives.
✅ Don’t forget to like, comment, and share if you relate!

#TaxTrap #MiddleClass #IncomeTax #GST #FuelTax #FinancialFreedom #IndiaTaxes #TaxBurden #EconomicInequality #TaxSystem #PersonalFinance #Budget2025 #MoneyTalks #taxalert