Fact Finder, The 🇮🇳
Fact Finder, The 🇮🇳

@TheFactFindr

7 تغريدة 64 قراءة May 19, 2023
#BRILLIANT #ANALYSIS
How many People get impacted by #taxterrorism of Newly implemented #TCS (Tax Collected at Source)?
ONLY 4.3 MILLION FAMILIES
That’s JUST 1.2% of INDIAN FAMILIES …. basically the TOP end of
India’s Travelling Abroad in 2019 has Still NOT been exceeded, so let’s use that Number. Indian who Travelled OUTBOUND in 2019 was just 27mn.
Charts of Indians Travelling Overseas
Chart 1: Annual Trend
Chart 2: Percentage of Women & amen
Of the 27 Million Passengers who Travelled Overseas in a year
40% is For LEISURE
19% is For BUSINESS
35% is to meet FAMILY (Parents Travelling to Meet kids or Brothers/Sisters meeting siblings)
6% is for PILGRIMAGE & EDUCATION
Business Travellers will NOT be hurt as per Govt
IN SUMMARY
👉 27 Mn Indians Travel Overseas/yr
👉 Of this 18% who Travel For BIZ & 35% for FAMILY should NOT get Impacted by #TCS
👉47% or 12.7Mn Can Get Impacted by #TCS
👉 Assuming 3 pax Per Family, That’s 4.3 Mn Families
India has 350 Mn Families. This is 1.2% of Them
Happy to hear your thoughts

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