How to become an NRI. And pay 0% tax, legally | Akshat Shrivastava

[@AkshatZayn]

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[@EshwarHi]

But India spending budget is so high compared to collected tax right? Is government printing rupee out of thin air?

[@mehareac]

NRI community link?

[@hullbruce]

Simple, I have two pensions. I would much rather have had a Roth 401k throughout my working lifetime because withdrawals are made tax free which allows you keep more of your money. $500/month invested from 25-65 at 9% is $1mil.

[@Angelavaldess]

Good comment but I bet you didn't do this on your own, did you use a financial planner? I know a good strategy when i see one.

[@hullbruce]

@@Angelavaldess You're right . but money advice is subjective, what works for you may not work for others. In my case, I consulted an advisor to handle growing my finance at 30. As of today, I'm only 25% short of my $1M goal through Investments.

[@biankabrodeur01]

@@hullbruce Glad to stumble on this commentary, I've been advised to use one severally, but where and how to find one has been challenging, Can i reach out to the one you use?

[@hullbruce]

Marissa Lynn Babula is the licensed coach I use. Just research the name. You'd find necessary details to set up an appointment.

[@biankabrodeur01]

@@hullbruce Thank you for this pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a calI session with her.

[@varunhome2]

If you are staying in India and want to pay 0% tax, start agriculture and grow cash crops, and sell in retail. Your margins will definitely be more than 100% and 0 tax and good peace of mind. Instead of putting in ~4 crores in a foreign land, you get decent acreage(Approx 10-40 Acres.... My friend bought 15 acres of ready coffee and pepper farm for 2 Cr and upon that he invested around 20 Lacs for infra, machines, tools etc and in 3-5 years his Approx expected income is around 60-70 LPA and if the markets are right it can cross 1 Cr as well. Better to invest in our country rather than some foreign countries is my opinion.... And the fun part is i have seen some farmers already earning more than 1Cr with 15 Acres of land, so its very much possible....

[@radiacz]

depends on the crop .. like rubber cofee etc are partly taxable as per indian income tax .

[@varunhome2]

@@radiacz no it's not taxable. Any agricultural income in non taxable

[@radiacz]

@@varunhome2 just Google it .. rule 7b , income tax rules 1962

[@sarveshagal1122]

@varunhome2 In which area he purchased this land ??

[@varunhome2]

@@sarveshagal1122 This was in Karnataka, Hassan District belur taluk

[@ShubhamKumar-re4zv]

Video starts at 3:29

[@sumitselot8241]

Amazing content, in India Middle class & salaried class is treated with tax terrorism (not the Politicians, not the political parties, no the businesses / not the institutions). Everyones burden put on us

[@satheeshmohanm]

How many middle class ppl can setup a business abroad in a country like UAE for tax saving purposes?! This content is for HNI and doesn't make sense for middle class.

[@GreatestGiftIsLife]

Middle class is being used by all these influencers for increasing there views and the rich people already knows where to invest and buy things, so don't waste time on the videos just research yourself it will take time but will give you a sense of confidence

[@Lazy_marmot]

​@@satheeshmohanm true but they can definitely find a job

[@shravanjain7581]

The income tax contribution rates are still at 3%. I hope this is not the size of the middle class. Think about it, the mean annual income of an average Indian is 2LPA; but you don't even have to file tax returns if you have income < 2.5LPA. We are in a better position when it comes to taxes in comparison with countries with a similar per capita GDP. But everyone says we should have better public services; which I agree with. But to get there we must drastically increase our tax collection or we compromise our values when it comes to debt.

[@vaibhavanur3997]

Thanks Akshath. Lets us spread the word and hopefully it reaches the indian govt. The taxation is crazy , nothing in return.

[@neferpitou3934]

They know, they don't care

[@ranjitsingh-ge3jw]

They already know! It's intentionally kept so the middle class stays the middle class. What do you think they don't know paying 30% tax from 15Lakh per annum is like looting a middle class family which has child expenses , medical insurance, pension savings and a monster inflation that eats into their savings. People earning 1+ crore pay the same 30% tax

[@dr.manishkumarjain227]

Thanks

[@innerawakening-daily]

UK is best ..I pay 40% tax and 50% on RSU ..but I get top shot quality of life in London

[@umakanthdalai7434]

Looks like click bait thumbnail with zero helpful content. Everyone knows Low income tax countries are good to avoid taxes. What r the other ways of saving taxes without shifitng job/business to Dubai or other zero tax countries? Plz explain these

[@melbourneplanespotter3631]

Watch his other videos bro.

[@adityajishnu9139]

Correct, he should explain everything related to taxes and investments in this one video 🙃

[@kspradeep8397]

The only way to avoid taxes is by incorporating companies outside India, but if the managing board of the company sits in India then it will be considered as a tax resident of India. Only way out is to completely shift out of India. I have stopped calculating how to save taxes, instead I am focussing upon cutting down my expenses here in India. That's the only way... Reduce your workers, reduce your office spaces, reduce your meetings in lavish hotels, finish off your meetings on phone calls and emails.

[@hriday5954]

In most of the video his thumbnail doesn't match with the content.

[@jayakumar4633]

​@@melbourneplanespotter3631can you link any

[@auboisdaline]

I'm an aspiring trader who would rather learn from other traders' experience than invest in the market myself, in anticipation of the next bull run. What are your thoughts on copy trading as well? Do individuals earn a living? Just trying to get some reassurance. I want to have a healthy portfolio worth at least $850,000. Reliable inputs, please.

[@NancyAllen-n7t]

If you're not familiar with market investing tactics, you should get advice from a financial counselor.

[@muizdh]

I agree! That's why I work with one. My $520K portfolio is well-prepared for all market conditions, having grown 85% since early last year. My advisor and I are planning for this year too. my opinion, financial advisors are among the most important professionals, just like doctors.

[@phuc2583]

I think could really use the expertise of an advisor like that.

[@muizdh]

Her name is BONITA JEANETTE RODRIGUEZ. You can research her name to find the necessary details and set up an appointment.

[@phuc2583]

Thank you! I searched her name online, found her website, and filled out her form. I hope she gets back to me soon.

[@maltidevi860]

With ADA and SOL still in my bags I see the most improvement on XAI900T, great pick

[@PunamSharama-tm1iw]

those who know xAI have a great day, these guys are incredible

[@MohitPatel-ry7zb]

Even if the bots push it that does not make it worse, actually it means endless traffic to their project

[@VineetVishwakarma-qn1wj]

When was this released?

[@cotu444]

great call for the xAI token

[@JasiushBckx]

Elon failed horribly with X

[@bharathj4615]

Nothing is free in life. We should ask ourselves is it worth living outside just to save tax? What about out parents, i rather spend time with them instead of saving tax. Time is the only commodity that you cant earn back. There is no limit to making money. We should know when to stop. Finally its all about people. Definitely we should explore new things, but not just for the sake of money. I think you should ready the book - Infectious generosity.

[@prashantrao6238]

Bang On!!!!! Yes, we should earn money, also safeguard our investments......,but not to be true greedy. I am staying in ME last 20 years, agree there is no tax, but there are so many other expenses which are much much more than India.

[@sureshshukla5179]

People should understand that every video/tutorial is not for everyone. If I am not interested in learning music, I will not go and watch a tutorial that teaches music. This one is for people who want to learn what Akshat is teaching here. If you think that saving taxes (even if legally) is not something you are interested in, then you are wasting your time here.

[@prashantrao6238]

@sureshshukla5179 , 1) it seems people have all time in this world to go through all the comments & reply !!! Don't you think you are wasting your time??? 2) I have commented on Mr Akshat's post, not on your post. So please, your own narratives hold good here too. Its none of your business to comment. 3) Please read my comments at least 5 times. My point is even if you are not paying Tax in middle east, there are lot of other expenses which are much bigger & it will nullify that gain...

[@VinayKumar-kc3fp]

@@prashantrao6238 Absolutely, everything has a PRICE, may not always be money. So, think about YOUR priorities before being influenced by anyone.

[@sabujchattopadhyay]

No one stopped you from consenting to being robbed by government

[@RamnivasKumar-qh3bi]

Elon knew the XAI900T idea and the key changes coming with it, better be prepared for a large run

[@CHUNNURAJChunnukumar-d5e]

Once this hits $10 we gonna retire

[@Ajaykumar-hp8mx]

stepping into this for now, I believe they have too much to risk to ruin this anytime soon, so they wont

[@ડામોરશંકર]

Word of advice: BUY

[@skanshuthakur6008]

This won't save Elon's X

[@FIRE_GAMMER_95]

Elon is just a different built guy

[@kartikeyajain8196]

I don't know why people expect everything for free, and likewise from akshat , he is putting so much efforts in making these videos , But all they want is for him not to take even a few seconds to promote his courses. I challenge them to make such quality and contentfull videos and do it absolutely free, Then only anyone has any right to criticize him. I may not agree with him 100% but afterall it is my choice if I want to follow him , join his community or any course. Why such criticism.

[@vasanthkumarkrishnamoorthy2379]

This just reminds me of a conversation i heard in an Indian airport in the baggage pick-up area between two NRI CXOs from ME ... one-off their baggage is delayed by few mins, one CXO was shouting on top of his voice and giving verbal abuses. The second one was quick to remind him that these things happen in dubai too, and you can not behave like that there. Prompt came the reply from the first CXO, this is my country, if can not be myself here where i can be. I know i may end up with legal troubles in other countries. The moral of the story is that many people make their choice on many other factors ... as long as there are people to find loop hole in taxation, taxes will be high in any country.

[@prashanthu1976]

The best way to save taxes is to build a business and claim many tax deductions and exemptions. This is true in almost every country.

[@દિવ્યચાવડા]

You are a genius person.

[@ashishanand4mech]

Paying taxes can't be the sole reason to move to a country 😂😂😂 Edit: For those commenting about paying higher taxes, I have lived in London as well as Dubai. First experience those and then comment!!

[@lg7631]

It is.. Except if you are a chapri

[@CherryPickingMoney]

Once you start paying 1cr in taxes it will start to hurt

[@ranjitf1]

@@CherryPickingMoney yeah...if the remaining two point two crores is hurting you in the wrong places... understand poverty, understand hunger, a roof over your head...not think like the gujrati with the world's most expensive house but the gujrati who wouldn't clothe himself till all his fellow men were.

[@Bullymaguire416]

@@lg7631 people leaving India are leaving for better standard of living. Taxes were always high rather as a corporate your taxes have been lowered by reducing corporate tax in 2018 and GST input credit rebate. So those who’ve made wealth in this country (the ones that are paying high taxes) have made wealth by creating a business, investing in real estate, stocks etc. with high taxes, replicating the same in foreign country with different dynamics, fundamentals, structure and customer base and preferences would be so much difficult to do. So taxes won’t be the reason people would leave country but better standard of living when they feel they’ve made enough.

[@acekai]

You've clearly not paid enough taxes.

[@ShivnarayansondiyaSondhiya]

The XAI900T uses different AI which has not been used by anyone, it makes sense and it should allow steady growth with no human interference needed

[@sonypal7672]

I knew X would end up doing this, so obvious

[@SadreAlam-ki6zl]

Where do you find that?

[@PawanVishawkarma-e8k]

You should know their video it is important

[@mohithd.s3508]

alright Elon you got me, damn it

[@Mujhe272]

I think it deserves its own review please man

[@iamsarathy]

Glad to see a variety of topics being covered.

[@RAME]

Thanks for sharing these great insights!!

[@sukunkalra6186]

This video lacked so many key points like deemed citizenship etc. doubt the depth of his knowledge in this subject and wonder how it justifies the 40x fee than regular membership fee. @akshat - reduce the fee to make it reasonable and once people like your nri content may be increase it in the coming years

[@thinkkhera]

Great effort & work done by , Akshat ji👍🙏 financial literacy is damn important at the right age .

[@nishanttyagi6117]

Your content still doesn't justify your captions.

[@amitasthana]

You always make great videos, I am watching them when the subscribers in 1000s. Also tell, you can never vote in Dubai, you will not get any benefits which Dubai people gets as if you are a second hand citizen even the court and laws as well will be different from you in Dubai. Please give full idea and scope, if you mention a specific country. Migrating countries are good but one has to look at the specific country which they are moving into and look into pros and cons in that country beyond money and other financial benefits.

[@acekai]

The most useful video you can make is on "How to get a job abroad". I've been trying to escape this country for nearly a year and its impossible if you dont do so as a student.

[@arvindkumarsingh3035]

I am trying too escape from last 10 year. I am an introvert and not that much street smart. Cant help but this is not a country for such people. Crooks only will flourish in India.

[@satheeshmohanm]

Current job market is like that.. don't lose hope.. I am sure u will get it by 2025.. keep upskilling and building network...

[@acekai]

@@satheeshmohanm Thank you. But i work three jobs. The problem is lack of pay and taxes. One of my employers hasn't paid me because of money flow, the other two incomes get taxed. Between TDS, capital gains, income tax and gst, I'm lucky to get 40 percent of my actual earnings. Gotta find a way out of this bloodsuking place.

[@tbraghavendran]

​@@arvindkumarsingh3035why do you call successful people as crooks ?

[@tbraghavendran]

Choose the country and then find a job there.

[@ca.keshavmittal]

This is partly true. As there are many other concepts involved like DTAA.

[@pankajchhipa5656]

You are true gem....highlight the pain of average earning families....

[@abhibhai85]

Average earning families can't afford this solution to save taxes. This is for high earning families.

[@krishnateja7728]

This is the video I've been searching from a while.

[@ashish10verma]

Amazing video as usual!!

[@avinashgaikwad2040]

It’s great that you’ve covered this topic thoroughly, but I wanted to point out that being a tax resident of India might actually be more advantageous in some cases. For instance, when compared to countries like Germany or the Netherlands, where tax rates can be as high as 42%, India might offer more favorable conditions. However, while the video is informative, it seems most relevant to individuals with significant assets (like those with over 4 Cr for investment) or those specifically planning to move to the UAE. These viewers likely already have a high level of financial literacy, so perhaps focusing on more nuanced aspects would enhance the value for this particular audience.

[@deweshsharma1419]

This person is helping everyone to run from our own country.

[@drarunmaurya3127]

Go where you are treated best!

[@ashwin9823]

Because your govt only loots you

[@GreatestGiftIsLife]

Go where you can and when riots happens and when war comes cry out loud for helping hand from the govt. Of India 😅

[@yaminishah4260]

Yes. He is never focussing on India's positives only negatives are highlighted to instigate people to leave their country. But as I pointed out, Indian people are not fools.

[@70newlife]

​@@GreatestGiftIsLifeno roits in India? Privileged uppercastes dont get effected by riots but infact promote and finance the infrastructure that caises riots

[@std2843]

Good Analysis please keep it up continuously

[@manjum352]

Good information, may be looking forward to joining your investment workshop next time.

[@justepicvideos8799]

Good topic covered 👍 Need more to such original content for Indian Audiences

[@anubhavsgarg]

Sounds like Akshay is just about scratching the surface, looking forward to more content on this topic!

[@vigilhammer]

Thank you. India is dying under this current government, so better to explore new options.

[@દિવ્યચાવડા]

Better to Vote and make a difference. and encourage others for same.

[@shreehariprasad6432]

Good information as always,, keep going sir

[@srvahs1174]

You missed talking about a crucial topic ‘Deemed resident status’ An individual who is a citizen of India and has total income (from other than foreign sources) in excess of Rs 15 lakhs during a financial year despite staying 182 days outside India, he shall be deemed to be resident in India in that year if he is not a tax resident of any other country.

[@StoicMind17]

From what I read on the net, this 15 lakh income should come from within India (source of origination). If you are a salaried person in Dubai or a businessman earning in Dubai then that is not a part of this 15 lakh limit. Can you please check and let me know if im wrong ?

[@srvahs1174]

@@StoicMind17 you’re right. This is applicable only on India-sourced taxable income.

[@sirsferny]

Yes but if 15 lakhs income generated in India and have stayed more than 120 days then you will be deemed resident in India. 182 days does not apply if your income is over 15 lakhs during the financial year instead 120 days clause will apply

[@srvahs1174]

@@sirsferny can you please elaborate the 120 day clause?

[@sirsferny]

​An NRI visiting India and spending more than 120 days (but less than 182 days) is treated as 'resident but not ordinary resident' (or, RNOR) if such a person's 'total income' - i.e. , gross income post deductions - arising from India is ₹15 lakh or more.

[@sankalpahuja1335]

Thank you for this productive video, sir. You really helped me save a lot of time. 😅. Btw, I'm a GCC resident now and will keep in mind the number of days I spend in India in the current financial year.

[@albertishu9066]

Very interesting information... loved the video ❤

[@sumukhr644]

This video is not completely right Section 7 of the income tax act clearly states that if a Indian citizen or person of Indian origin is earning more than 15L in the previous year and not paying any taxes in the other country then this shall be considered deemed income and will be taxed in India

[@ephrenanby4490]

Actually check your facts once more, if a person is a non resident then he has no liability to pay for any tax on income which is orginated outside India while any income earned by the individual in India as a non resident is taxable.

[@annamalaian0711]

@@ephrenanby4490nope. You are wrong. If you don’t have to pay any tax on foreign income, then it will be taxed in India. He is right. This was an amendment few years ago

[@asurakengan7173]

​@@ephrenanby4490 you are wrong, please read OP comment again.

[@MrChandanc9]

@@asurakengan7173yes why should my income abroad would be taxed in India

[@abhishek-en7dj]

No tax on foreign income but taxes on India income would obviously be there’.

[@vinayjoshi2436]

Akshat do really think your core audience will take NRI residency? 50% of us haven't even travelled abroad. What kind of content are you making bro?

[@arunsingh-gq3sf]

True

[@stabilityconquest]

That's what you have to figure it out by yourself,Good luck .

[@ajman52]

He needs to push some content or the other every day. So expect this type of content

[@reee896]

Your dream comes from the information you know

[@chetangpt]

Money grows more money. The only way you can make things work is by being aware.

[@dr.manishkumarjain227]

Let’s submit our citizenship of India as we are in general category and 30 +++ % tax bracket. Nothing is for us in India … Will try for UAE as General category with target of shifting in next two year after consolidation of wealth..

[@jk-gy9wr]

Yes this entire concept on selling courses and invest by paying

[@Benjaminarmstrong684]

Small taxes

[@Joegolberg1]

There’s more benefit to holding fixed-income assets in tax-deferred retirement accounts as opposed to taxable accounts. If you're not who understands strategies to invest in the market, seek a Financial advisor to guide you.

[@Justinfred11]

Indeed, I did make use of a financial counselor. As I get closer to retirement, their advice has been really helpful. I thought compound interest on index funds wouldn't be sufficient because I started late. It's amusing how I've done better than colleagues who have more years of investment experience. I've profited more than $886k tax free.

[@Benjaminarmstrong684]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@Justinfred11]

GREGORY LEO CATTEL is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.

[@Benjaminarmstrong684]

he appears to be well-educated and well-read. I ran a Google search for his name and came across his website; thank you for sharing.

[@jayantsinghchouhan2936]

THIS MAN IS A GEM❤️🙏🏻

[@benjaminmathew4108]

That’s applicable only for NRI bank deposits..for equity and MF the NRI’s need to pay full tax without any exemption..I’m an NRI since 2010

[@Me-nk5ic]

Can you deposit 10 lakhs every day in your NRE account for 30 days continuously? banks will question you?

[@SC-qk2hc]

Remember, there is no such thing as free lunch..

[@ArksideGames]

Not applicable here, here you are paying for shit on a plate V/S you pay for food on your plate, This is a better comparison for our current condition

[@user1902-b7e]

paying a lot of tax and not getting any lunch

[@milanashara]

Earlier many years ago I was impractical person, ideal person and expecting world to be ideal like me having common sense. Later I realised, I need to be practical and plan my future realistically. If good life with clean air, water and some civic sense after paying too high tax is denied, accept reality and without any criticism plan your future. I love to help and I am helping in my capacity of resource that I have from India or out of India.

[@tbraghavendran]

How did you change ?

[@bhupendramishra1]

Thank you Akshat...god bless you

[@shivanshkantsrivastava16]

Great thing is he leading by an example not like 99% youtubers who are doing nothing and just giving gyan. Proud to see you grow over year's.

[@saksham1603]

Akshat you are good man for showing us options that never really existed in our own knowledgeable base. Thankyou

[@narayanakilarkaje1519]

Not true. I am an NRI and pay tax. Capital gain tax and NRI must pay. Only for FD, no tax.

[@iquestfind-ut1qm]

Exactly

[@HARSHDHV1]

Law states a resident of UAE income tax is zero. If a person remits to India and keep in NRE account makes fd , no tax in india. If you keep in nro account , tax is payable.

[@satheeshmohanm]

The content is specifically about 0 tax countries like UAE

[@repsycled1605]

There are outliers .. singapore does not have a capital gain tax

[@narayanakilarkaje1519]

True, I was talking about tax in India. If you are an NRI and buy stock in India, and when you sell it, you have to pay tax.

[@vaibhavwalhekar8384]

Thank you so much, Akshat, for considering request and making a video on this topic... 😊😊❤

[@prajwalshetty2047]

Such a great vedio sir ❤

[@vipinprakashpawar7951]

People giving gyan here , he is not forcing you to go or settle outside. These just options if you want do your homework and take steps.

[@amitpaul7940]

Please make a video on shifting internet based business to Dubai or other zero tax country.

[@vickym3193]

What are some other resources to learn more on this topic?

[@Narayani09]

Your daughter is lovely .Glad to met the debutant daughter .God bless her. Sir , please tell her name .

[@RameshDasari511]

ive been waiting for this so long...thx

[@chits386]

To correct you, Earning 50L and paying tax in new tax regime, you won't pay "atleast 15L" , the actual tax payable is 12L that's around 25%

[@Daredevil007-v7m]

Man ,he included huge amount of GST also which you must be paying

[@shkaarif]

12 lakh kam hai ...apart from gst ,road tax, toll tax, vat aur duniya bharke tax ...direct aur indirect tax 60% tak jaa rehaa hai..

[@Trumps-tv8xb]

Excellent stuff, and I appreciate you breaking it down! Even with the recent crypto decline, I'm glad I can quickly look back at my $56,700 portfolio from my weekly trade.💯💯💯

[@OliviaKate-n7l]

Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.

[@atriptoatma]

Many many love ❤ for your angel cuties... stay blessed ❤❤❤

[@priyankarana8223]

Sir,my request is out of this topic but an important one. I had seen a video of yours sometime back telling about your decision to home school you kid. I have two children, living in delhi,paying around 25 k as school expenses per child. And I can't even explain the disappointment I am facing with the education and grooming my kids are getting. So if you could make a video about your experience with homeschooling ,the curriculum or standardization before they enter college etc.

[@deepakarora3532]

Hi Akshat, I do follow your content quite regularly. Like the quantitative approach. You started with this video with a question. The question was “ where are the collected taxes being spent ? “ is that such a hard question to answer ? What do think about national defense and security? We do have to look beyond just our personal wealth. How do you expect national security expenditure to impact our life in short run vs long run ?

[@vishalgour]

Lots of love to bitiya rani❤.

[@muthuresidencesr692]

Your daughter is woundering what dad doing ❤

[@talarisuresh1992]

first the dog, then the car, then the house, but eventually got my XAI900T

[@RohiTThakur-qt6eq]

xAI is heavy lifting the greens now

[@ritikraj533]

When was this released?

[@KimsengSg]

wait it's out already?

[@NAMANGAMING-21]

The xAI is energy efficient and scaling, nothing comes close imo

[@PradeepKumar-jp4fc]

stepping into this for now, I believe they have too much to risk to ruin this anytime soon, so they wont

[@Sonu_._Singh]

1.4 billion people in india, we need some space here, most welcome to those who seeks to become NRI

[@dipzyfication]

You move out of India and vacate some space for us

[@clashroyale-bestmovesgreat8495]

the ppl who move out are the ones who earn much higher, pay lot of tax and employ others in India.. if even a small businessman moves out it means 10s of Lakh of revenue loss for govt as tax + crores he would have spent here in cars home etc, lot of people would loose job.. these HNI are the most important ones.. and if bigger sharks like ambani adani move out, they can still business in india but can take out all profit aboard.. resulting in huge huge loss for govt.

[@aileen8492]

What an uneducated comment. Out of 1.4 billion, how many pay taxes 😂 98% people don’t pay taxes in India. if people who pay more taxes leave the country then country will become more poor and then government will impose more taxes to recover from the losses.

[@Sonu_._Singh]

@@aileen8492 those who actually pay taxes are already runing big businesses in india, dont count those so called tax payers of machis, saboon, samosa pe tax wala🤣🤣

[@clashroyale-bestmovesgreat8495]

@@Sonu_._Singh SO people with big business are also going out but still doing business in India. Taking all revenue of India. Not just them, most tax is paid by people working in corporates. These are the ppl who are going out. machis, saboon and samosa pe tax wala - wo toh bahar shift bhi nai ho skta unko koi lega nai apne desh m.

[@arindambasu79]

How about stock market trading? Can it be moved out of India?

[@ananddal]

The whole idea is great, but if you migrate to non Western countries to save taxes; remember what is happening in our neighbor country to all their minority population. I can't put in any better words, remember our life & family is more important than money.

[@Alex.d93]

Similar things are likey to happen soon considering the israel and Palestine conflict

[@vishIndian-u3g]

well said

[@earthling017]

Well, similar things can happen in any country, God forbid.

[@adityajishnu9139]

I have family in Dubai and have been there myself. UAE is extremely secular and is 90% expats. I don't think he is recommending Pakistan😢

[@adityajishnu9139]

Secular meaning that you have complete freedom to practice your religion. I know that it is an Islamic country.

[@narayanakilarkaje1519]

I don't know why people are so worried about paying tax. All countries have tax. We need money to run this country. Paying pension itself is a big budget. We need roads, colleges, hospitals, etc. They are no in a great condition, agree, but they are there. People who don't want to oay tax, want a seat for their son in a medical college for free, This is the problem. Governments should not waste money and should be better, but without tax no country will survive.

[@form7678]

Thanks Akshat, Many Indians buy homes in UAE of AED 2m to avail of the Golden Visa and thereby avoid paying taxes in a country which gives ZERO benefits.

[@sunilpatil8720]

Nice information sir

[@Jamesjerome0]

I feel most NRI investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

[@Ashish-nd3xj]

I have been outside for 5 years (in the US), things are not as simple as this guy makes it sound

[@sirsferny]

I agree 100%with your comment. Having lived in UAE for most of my life I can say Dubai doesn't tax its residents but you end up paying much higher on accommodation, insurance and other mandatory costs than you would have paid tax in India

[@punithkumar3472]

his point is for high income group. Not for employment.

[@દિવ્યચાવડા]

@@sirsferny Do you get good Air, Water, Road Safety, Low Crime, Ease of Govt. Services, after paying higher on Accommodation, insurance and other mandatory costs???? Can you let your kids to go to Govt. School in India, or Govt. Medical Services in India? or get your work done in Govt. Offices in one visit????

[@prernasharma1307]

Very well researched video and awesome video

[@jagadeeshnda]

You are more focused on business idea rather than taxation

[@fazalsiraj3813]

Picked up my XAI900T at $0.3 already running to $1. Life saver!

[@JayMaaMeldi04]

Elon is a smart one with this, faster than anyone else

[@SakthivelSakthivel-pv2ko]

Listing on Binance I heard

[@Daudyt-o6u]

strong movement on this!!

[@CrBabu555]

Great work with this project holy hell

[@amaanali9692]

ETH SOL and xAI are smart to keep

[@rakesh6245]

Bro had a very short term view, good for you lets discuss same thing after 10 years, I'll move if same situation remains🙏

[@દિવ્યચાવડા]

If people vote for 15Lakhs in Account, If people vote for Temple, What do you see in long term? Let's see after 10 years 1 days.

[@nyankosensei4011]

"I'll never go outside of india even though my friends asked me to bla bla bla"

[@manujsingla3597]

182 days clause is not standard to determine residential status. It depends on various other factors.

[@raanonyms7926]

Akshat, I would love to hear you over a podcast. Please do reply if you are running any podcast or participants.

[@krnsrth]

0% tax is on Income, not on other things. You can't afford the same lifestyle as in India in other countries...

[@drashiqhussainmir105]

To cut the long story short: Move out of India to create wealth while enjoying the facilities, infrastructure, safety and security.

[@klayman212121]

Easier said than done, for most people.

[@DeepakLuthra1987]

Salaries are also low in UAE for Indians, for same profile we get higher salary in Europe with huge tax but with social benefits.

[@rajray4049]

Rich guys like Akshat are avoiding paying taxes, whereas they should be the one who would invest in the country who made them what they are today

[@smartankit9]

Pay income tax for building roads and bridges in Bihar???😂😂 They will collapse anyway in few months or years, so much corruption.

[@AayushSharma-lr9tj]

Paying taxes to feed the politicians & govt employees. Not at all😂

[@JustMe54328]

Ask modi to sell his 10L spectacles and donate that to a startup as seed capital OR ask sonia ji to auction one of her bengali muslin sarees and give the money as seed capital to a startup! Start with netas not citizens!

[@vipuls5900]

What about cost of living. At the end it's about net cash saved.

[@MrRanganath1982]

Your quality is going down drastically... I knew tax is 0 in UAE.. Nothing else.. Very few have the 4.5 crore to invest... If they have they will have because of Indian stock market growing.. And invested in it.. And they don't want to pay for that also..

[@backtoGodhead0]

God bless your daughter and the whole family! ❤🙏🕉️

[@atultilkaan]

Title, Thumbnail doesn't justify your explanation in the video.

[@ayanshproplayer5559]

Don't disturb NRI they are working There Tax topic is negative for Maximum 😮 Slave sound type....etc etc etc

[@ali_edittz7]

Great informative and valuable video keep going akshat 👍🏻

[@Trader.Aman22]

New things I learned today.. Thanks Akshat.

[@pardeep657]

Reservation is the reason general class will move out from this country..entry of general class will be completely barred in educational institutes and govt jobs

[@smartankit9]

Reservation is slowly being implemented in private companies as well based on domicile and region.

[@pardeep657]

@@smartankit9 your entry has already been barred to prestigious colleges based on your caste and hence into great companies like microsoft as entry point.forget region etc..

[@tbraghavendran]

This is truth about India since independence and it's set to continue forever.

[@dharmatejasingampalli6480]

@Akshat Srivastava Thanks a lot for the video i got one query Consider we got a job in abroad, got a bank account over there and paying taxes according to country taxation laws. And if we work remotely from India that 182 days rule will it impact because already we would be paying taxes according to the country where we our job is. Do we need to pay tax again in india. Please say how it will work

[@asvocasvoc2226]

Very helpful

[@ritutyagi2863]

Hi Akshat, is it possible for you to create a video on DTAA(Double Tax Avoidance Agreement) between India and other countries and how income from investments in India(Interest, Dividend, Sale of equity) get taxed for NRIs?

[@shubhmohansingh8159]

Very important topic. You should do something in how people can shift money abroad.

[@lohithprince]

Really fed up of being in this country and pay taxes and taxes and taxes and bribes for nothing. Time to move out of this cursed place. Thanks a lot Akshat.

[@AdityaJape]

Another jeet don't move you will regret

[@ranjitf1]

Please...go to Pakistan or srilanka or Myanmar....the west is even worse

[@ranjitf1]

Shoots I forgot to mention bangladesh but even bangal west is dangerous

[@tbraghavendran]

What work are you going to get there after moving ?

[@Jamesjerome0]

I feel most NRI investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation. .

[@kurtKking]

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert.

[@AmithKaury]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@kurtKking]

How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?

[@AmithKaury]

Her name is. MARY TERESE SINGH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@AmithKaury]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@clashroyale-bestmovesgreat8495]

hahaha... dubai.. 1/100th of India.. and you are quoting 40 rail incident in huge country, one roof collapse... arent there any accident in uae, multiply that by 100 times.. that India and UAE are equal... in terms of quality of life.. I kind of agree