Green Party

(2029 Indian General Election)

(Draft Bill)

India to join the EU

₹35,000 monthly Basic Income per citizen under a ₹420,000 yearly income

₹;250 an hour minimum wage (including gig work)

20% consolidated flat tax over ₹120,000 a year (with double taxation)

20% corporate tax on profits

20% value added tax tax on each stage of sale (paid quarterly)

20% value added tax on imports

VAT tax registration over ₹120,000 a year

Sole trader registration over ₹120,000 a year

Estimated Revenue: ₹;100 trillion a year (₹;10 trillion surplus a year)