• Welcome to Tamil Brahmins forums.

    You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our Free Brahmin Community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

    If you have any problems with the registration process or your account login, please contact contact us.

Only one Indian with over Rs 100 crore taxable income?

Status
Not open for further replies.

prasad1

Active member
  • Only 3% Indians (4.1 crore) filed income tax returns in 2014-15.
  • Only 1.6% actually paid income tax.
  • Nearly 50% of tax assessees who filed a return declared zero taxable income.
Reports released by the income tax department on Wednesday show 4.1 crore Indians filed income tax returns in 2014-15. But two crore tax filers declared zero taxable income.






Another two crore Indians paid average annual income tax of Rs 42,456. Only one crore
taxpayers paid income tax of more than Rs 1 lakh.



https://timesofindia.indiatimes.com/business/india-business/only-one-indian-with-over-rs-100-crore-taxable-income/articleshow/62188143.cms
 
Status
Not open for further replies.

Latest ads

Back
Top