Leona Helmsley, the famous American businesswoman once said, “We don’t pay taxes, only the little people pay taxes”. This seems correct as the rich often seem to be evading taxes and flying to tax-haven countries. As far as the income tax is concerned, the just man will pay more and the unjust less on the same amount of income. Only the smart find their way around the law for paying less by cutting-edge solutions for subsidizing their share of taxes. In this story, we discussed Sachin Ramesh Tendulkar’s tax saving methods which left one wondering: how could the “God of Cricket” do that?
