Income Tax
Photo: NDTV

IN INDIA – ONLY 1% PAY INCOME TAX, 99% DO NOT… THAT SHOULD CHANGE?

For financial year 2012-13 (later years data not yet available), only 2.9 crore out of 120+ crore file income taxes, and only 1.25 crore pay any income taxes. The average tax payable was 21,000. And there were more than 5,000 individual income tax returns with tax payable of more than 1 crore. Detailed data without names has been published by the IT Department for the… Read More

Visit www.werindia.com OR Hindi.werindia.com to read news from 500+ news sources... आपका अपना डिजिटल अख़बार |

Leave a Reply