Earn lakhs or crores! You won't have to pay any taxes. Learn about such countries.

There are a few select countries in the world where, whether you earn lakhs or crores, the government won't charge you any taxes. Not paying taxes on income is often a popular choice. Learn about some such countries.

Income Tax-Free Country: In India and other countries, taxpayers' salaries and incomes are reduced after tax deductions. If you pay taxes to the government, you may have wished at some point that you could be exempt from taxes. While this isn't available in India, there are some countries in the world where local citizens are not taxed even a single rupee on their earnings.

There are a few select countries in the world where, whether you earn lakhs or crores, the government won't charge you any taxes. Not paying taxes on income is often a popular choice. Learn about some such countries.

Maldives

The Maldives is famous for its tourism potential and for being a tax-free country. People visit the Maldives for tourism and luxury vacations. The government waives taxes on citizens' incomes above a certain level. However, obtaining Maldivian citizenship is very difficult for foreigners.

Bahrain

The Gulf country of Bahrain is tax-free. The country is known for its crude oil reserves. You are given the option to invest in property worth more than ₹44 million. However, obtaining citizenship in this country is quite difficult. Foreigners receive a 10-year renewable visa under the Golden Residency Program.

Brunei

Brunei also has no income tax. The government provides free healthcare and education to its citizens. Citizenship is granted to foreigners with great difficulty, requiring compliance with numerous regulations.

Countries like The Bahamas, Bermuda, Cayman Islands, Kuwait, Monaco, Oman, and Qatar also have tax-free citizenship. The government also provides other benefits to its citizens. Along with India, many countries of the world collect taxes from their citizens.