Less Than 2 Crore Tax Payers In India, Only 6% Of The Total Population Is Taxpayer.
Less Than 2 Crore Tax Payers In India, Only 6% Of The Total Population Is Taxpayer.
Business

Less Than 2 Crore Tax Payers In India, Only 6% Of The Total Population Is Taxpayer

Shivam Verma

There are only 6% taxpayers in our country, in which there is zero tax on 5.5%. According to the data made public last in 2020-21, there were 8.22 crore taxpayers in the country's total population of 132 crore. Of these, 7.5 crore were in the net of zero tax. At the same time, a large population is not paying any tax despite earning a lot. Not only the government but also many economists have expressed concern over this.

In such a situation, the central government has to collect income tax only on the basis of about 1.5 crore taxpayers. 60% of the population in America pays income tax. 5 states including UP-Bihar and MP have 48% stake in the country's income tax collection.

The number of people paying more than 1 crore taxes in the country is more than 5 thousand

  • 1 lakh Rs. Number of tax payers more than: 30,08,033

  • Taxpayers paying tax between Rs 1-10 lakh: 27,93,463

  • 10-50 lakhs Rs. Number of tax payers till : 1,96,535

  • Number of tax payers from Rs 50 lakh to Rs 1 crore: 12,963

  • Number of people paying tax above Rs 1 crore: 5,072

UP most earning; 18% comes from here

The states' share in the total tax collection by the Center is Rs 10.21 lakh crore. Come, in which UP 1.8 lakh crore rupees. That is, it is on the first with a share of 18%.

Bihar has 10%, Madhya Pradesh 8% and Maharashtra-Rajasthan 6-6%.

Bajaj Pulsar NS400Z Launched in India at ₹1.85 Lakh, Bike Features Abs and Switchable Traction Control System

Mumbai Indians Vs Sunrisers Hyderabad: All The Details Of Match Number 55 In TATA IPL 2024

DMRC Celebrates 30th Foundation Day, Botanical Garden Awarded Best Metro Station

Congress Candidate From Puri Declines to Contest Lok Sabha Elections, Returns Ticket Citing Lack of Campaign Funding from Party

Legal Woes Increase for YouTuber Elvish Yadav as ED Files Money Laundering Case