Evolution of Asset Class Taxation in India 🚀
Introduction: Shifting Dynamics in Asset Taxation 🔄 Taxation policies significantly impact the financial decisions of individuals and businesses. Traditionally, salaried employees have felt the burden of higher taxes than business owners, who often earn substantially more yet pay relatively less. The government has justified this disparity by claiming that business owners are “risk-takers.” The concept of risk has similarly been applied to asset classes, but recent changes indicate a shift in this philosophy....