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  4. India ranks way below than US, UK and China when it comes to ease of paying taxes. Here’s where India stands

India ranks way below than US, UK and China when it comes to ease of paying taxes. Here’s where India stands

India (157th spot)

India ranks way below than US, UK and China when it comes to ease of paying taxes. Here’s where India stands

China (132th spot)

China (132th spot)
China made paying taxes less costly for companies in Shanghai by reducing the social security contribution rate. China made paying taxes easier for companies by enhancing the electronic system for filing and paying taxes and adopting new communication channels within its taxpayer service, changes applying to both Beijing and Shanghai. In addition, China made paying taxes less costly for companies in Shanghai by reducing the social security contribution rate.

USA (53rd spot)

USA (53rd spot)
In 2011, In the United States the introduction of a new tax on payroll increased taxes on companies operating within the New York City metropolitan commuter transportation district. This was not a welcome move.

UK (15th spot)

UK (15th spot)
In 2016, The United Kingdom made paying taxes less costly for companies by reducing the corporate income tax rate and increasing the wage amount per employee that is exempted from social security contributions paid by employers. On the other hand, the United Kingdom increased municipal tax rates and environment taxes. Earlier, the United Kingdom made paying taxes less costly for companies by reducing the corporate income tax rate. On the other hand, it increased the landfill tax. The United Kingdom made paying taxes less costly for companies by reducing the corporate income tax rate.

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