our life have too many things to take care for, we work hard every day to earn money to raise our family, and sometimes our money is not enough for our bare living when we pay taxes, people scare taxes because taxes charge us too much, everything we do in our life have taxes.
OK. But exactly how much is "too much"?
Tax rates vary from country to country. And in certain countries, the indirect taxes are even more than the direct taxes. Here in India, the highest slab of income tax is around 33%. However, on top of that we are paying indirect taxes in the form of Goods and Services Tax (GST), which can range anywhere from 5% to 28%. The tax rates are much higher, when compared to countries such as Russia, which is having a flat income tax rate of just 13%. Even the personal income tax rate in Ukraine stands at 18 percent. Compared to that, the rate in India is too high.