Do you know how many Indians pay Taxes and how much? मैं - TopicsExpress

Do you know how many Indians pay Taxes and how much? मैं और मेरी पत्नी भारत के 125 करोड़ मे से केवल 18 लाख मे आते हैं You would be surprised with some of the numbers. According to the report released by Indian Finance Ministry, estimated number of taxpayers for financial year 2011-12 stands at just 3.24 Crore people. That means, less than 3 people in 100 pay taxes Out of these 3.25 Crore people, 89% pay taxes in the tax slab of 0 – 5 Lakh rupees, while on the other end of spectrum, only 1.3% of all tax payers have income about 20 Lakh! Number of Tax Payers in India & their Slabs Tax Payers in India Slab Number................(in lakhs) __Percentage of taxpayers 0-5 lakh =------------------------288.44 _____ 89.00% 5-10 lakh ------------------------17.88 _______5.50% 10-20 lakh ----------------------13.78 _______4.30% >20 lakh------------------------- 4.06 ________1.30%

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