FACT CHECK: Is the Indian Government Set to Levy 85% Tax on Financial Transactions above ₹10 Lakh?

02:10
👁️ 37 views
📅 16/01/2026 5:00pm

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📝 Description

This video conducts a fact-check regarding a widespread social media claim suggesting that the Indian Government intends to impose an 85% tax on financial transactions exceeding ₹10 lakh. The content analyzes the veracity of this purported new taxation measure concerning bank transfers and large-value financial transactions within India.

The investigation aims to determine whether the assertion regarding the 85% levy on transactions over the specified ten lakh threshold is accurate or false. The presentation utilizes information sourced from Factly to verify the details surrounding the alleged tax policy change.

🏷️ Tags

Indian Government tax 85% tax claim financial transactions tax ₹10 lakh transaction fact check

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📊 Video Information

📺 Platform youtube logo png clip art
Duration 02:10
🆔 Video ID 179705