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PeakMetrics / Fact Checks

Economy & business fact checks

Explore claims publishers have checked about economy & business. Read their original ratings and follow the evidence.

7,091 published reviews in this topic

FACTLYEconomy & business

Businesses in India with a turnover of up to ₹2 crore are completely exempt from taxes.

Publisher’s rating: MISLEADING

The review explains that Section 44AD is an optional presumptive-tax scheme, not a universal tax exemption: qualifying businesses may declare 6% or 8% of turnover as profit. It says only proprietorship businesses may owe no income tax if their presumed profit is within ₹12 lakh; other business types, higher taxable profits, and taxes such as GST may still result in tax obligations.

Factcrescendo ThailandEconomy & business

ไทยขายไฟฟ้าให้ชายแดนเมียนมาถูกกว่าขายให้คนไทย

Publisher’s rating: False

The review says PEA’s reported revenue of 800 million baht from 210 million units sold to Myanmar works out to an average of 3.81 baht per unit, while noting this is not the actual price in every area. It also reports a PEA board member’s statement that electricity sold to Thai consumers costs less than electricity sold abroad, contradicting the viral comparison.