Bengaluru Founder Exits India Over "Flawed" Tax System After Paying ₹4 Cr Taxes

India
M
Moneycontrol•28-12-2025, 17:13
Bengaluru Founder Exits India Over "Flawed" Tax System After Paying ₹4 Cr Taxes
- •Bengaluru founder Rohit Shroff of Aflog Group plans to move his business out of India by 2026, citing a "flawed" tax and compliance regime.
- •Shroff paid over ₹4 crore in GST and income tax in 18 months but faced constant scrutiny, arguing the system burdens compliant businesses.
- •He highlighted that less than 5% of Indians pay direct income tax, yet this minority faces repeated notices and audits.
- •Shroff stated that the system penalizes growth and offers little ease of doing business, making entrepreneurs consider opportunities abroad.
- •His decision is based on practical realities, not patriotism, as challenging the system drains time, money, and energy.
Why It Matters: Bengaluru founder exits India, citing "flawed" tax system and excessive burden on compliant businesses.
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