Every rupee that I take out of my business will get taxed. I can invest the profit back into my business to scale it.
But the problem is business has risk. There is no guarantee of ROI.
I read that people like Jeff bezos, Elon musk, Warren buffet do not pay huge taxes. May be we can do...
I have been researching on how to minimize taxes.
People of big companies take 0 salary but opt for company shares. This they have 0 tax liability. Then they take loan from bank in exchange of those shares.
I run as sole proprietorship (no company), so there are no shares involved. Even if I...