Download the 1% Club App Now: https://app.onepc.io/?c=fws-yt-vid If you’d like professional guidance from a SEBI-registered financial advisor, please fill out this short form - https://topc.typeform.com/cfo-yt Dr. Ajay Shah's Paper on GST Blockages - https://www.xkdr.org/paper/input-tax-credit-and-refunds-under-gst-in-india-conceptual-and-legal-framework -- Dr. Ajay Shah, economist and co-author of India’s original GST framework, has worked closely with the Ministry of Finance and contributed to key financial reforms in the post-1991 liberalization era. With a PhD in Economics and decades of experience in public policy, financial markets, and institutional design, he brings deep insights into India’s economic evolution and regulatory systems. In this episode, he breaks down why India’s current tax structure may be overly complex and counterproductive, arguing for significantly lower rates and a simplified GST. He explains how policy design shapes incentives, business behavior, and long-term economic growth. The conversation also dives into investing, market efficiency, and the rise of AI. Dr. Shah shares why most investors are better off with index funds, how AI impacts different types of jobs, and why human judgment still matters in managing wealth and uncertainty. This episode offers a clear, principle-driven lens on policy, markets, and wealth creation in India. Dr. Ajay Shah: https://www.linkedin.com/in/ajay-n-shah/ Sharan Hegde is a personal finance creator & founder of the 1% Club, simplifying money, markets, and mindset for India’s next generation of wealth builders. – — Subscribe: The 1% Club: YouTube: https://www.youtube.com/@FWSClips0 Instagram: https://www.instagram.com/onepercentclubshow/ LinkedIn: https://www.linkedin.com/school/the-1-clubfws Sharan Hegde: Instagram: https://www.instagram.com/financewithsharan/ LinkedIn: https://www.linkedin.com/in/sharanhegde95/ Twitter/X: https://x.com/financewsharan – #financewithsharan #finance #sharan