It’s often said that only a few Indians pay taxes. That’s entirely incorrect. Let’s see how!
In September 2020, the government told the Parliament that only 1% of the population pays income tax. In his response to a question in Lok Sabha, the then Minister of State for Finance, Anurag Singh Thakur, informed that for the financial year 2018-19 till February 2020, 5.78 crore income tax returns were filed by individual taxpayers.
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