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#UncommonSense
UK/US NRIs & Top 2% Indian Residents (30 Mn Income Earners > Rs6lac/per yr) praise #Medical #Facilities in India especially ability to Approach Specialists Directly
Driving though PUNE/MUM/BLR & reaching Hospital in time in a Medical Emergency is Impossible
UK/US NRIs & Top 2% Indian Residents (30 Mn Income Earners > Rs6lac/per yr) praise #Medical #Facilities in India especially ability to Approach Specialists Directly
Driving though PUNE/MUM/BLR & reaching Hospital in time in a Medical Emergency is Impossible
These people generally forget that when they compare themselves to the US/UK NRIs vs the Indians in India… one is comparing the Avg US/UK citizen with the Top 2% in India
Let me explain
Let me explain
(1) For Indian hospitals in Major Metros in India average revenue per occupied bed (ARPOB) is Rs65k > 50% Annual Revenue for 60% of Indian population
#UncommonSense ..... India has already become an #OVER #TAXED #ECONOMY on the #Consumer considering how such few people pay Income tax, poor people pay GST while Corporates pay very litte.
Combined Center & State Tax to GDP over 18%!! Compare that to China (Next tweet)
Combined Center & State Tax to GDP over 18%!! Compare that to China (Next tweet)
In china the Tax to GDP is 20%... but important things to understand is (Next tweet)
KEY difference b/n India and China is that, in China, 1/4th of the 20% tax goes towards Social Security Contributions (EPF, PF, Insurance, ELSS etc) which in India is termed as Savings and NOT Tax.
Effectively China Tax2GDP is 15% vs 18% in India.
Another Diff (Next Twt)
Effectively China Tax2GDP is 15% vs 18% in India.
Another Diff (Next Twt)
