According to a 2021 survey conducted by the Fight Inequality Alliance in India, 65 percent of respondents disagreed that corporations and wealthy individuals should receive tax rebates. 28 percent of respondents agreed with this sentiment. In September 2019, corporate tax rates in India were cut from 30 percent to 22 percent, resulting in a considerable loss of tax revenue.
Sentiment toward tax breaks for corporations and wealthy individuals in India in 2021
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Fight Inequality Alliance. (January 29, 2021). Sentiment toward tax breaks for corporations and wealthy individuals in India in 2021 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1266188/india-opinion-on-tax-breaks-for-corporations-and-wealthy/
Fight Inequality Alliance. "Sentiment toward tax breaks for corporations and wealthy individuals in India in 2021." Chart. January 29, 2021. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1266188/india-opinion-on-tax-breaks-for-corporations-and-wealthy/
Fight Inequality Alliance. (2021). Sentiment toward tax breaks for corporations and wealthy individuals in India in 2021. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1266188/india-opinion-on-tax-breaks-for-corporations-and-wealthy/
Fight Inequality Alliance. "Sentiment toward Tax Breaks for Corporations and Wealthy Individuals in India in 2021." Statista, Statista Inc., 29 Jan 2021, https://www.statista.com/statistics/1266188/india-opinion-on-tax-breaks-for-corporations-and-wealthy/
Fight Inequality Alliance, Sentiment toward tax breaks for corporations and wealthy individuals in India in 2021 Statista, https://www.statista.com/statistics/1266188/india-opinion-on-tax-breaks-for-corporations-and-wealthy/ (last visited November 04, 2024)
Sentiment toward tax breaks for corporations and wealthy individuals in India in 2021 [Graph], Fight Inequality Alliance, January 29, 2021. [Online]. Available: https://www.statista.com/statistics/1266188/india-opinion-on-tax-breaks-for-corporations-and-wealthy/