Income Tax News Latest: India, with a population of approximately 140 crore, faces a striking paradox in its income tax landscape. Recent statistics reveal that merely 6.65 crore individuals, constituting a mere 4.8% of the total population and 6.3% of the adult population, contribute to the country's personal income tax collection. This situation raises concerns as a mere 5% of taxpayers shoulder a significant 76% of the total income tax revenue generated by the government.

Related Keywords

India , , Income Tax , Tax News , Limited Taxpayer Base , Vast Population , Tax News Latest , Permanent Account Number , Tax Deducted , Income Tax News , Ncome Tax News Today , Ncome Tax News Latest , Usiness News , Business News Today , Business News Latest , Population News , Income Tax Login , Income Tax Return , Income Tax Calculator , Ncome Tax Efiling , Income Tax Portal , Income Taxe Filing , Income Tax Refund Status , Income Tax Department , Income Tax Department News , Income Tax Raid , Income Tax Payment , How To Fill Income Tax Return , Will Income Tax Return , Income Tax Return Status , Ncome Tax Return Latest News ,