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HomeTagsTax filing

Tag: tax filing

Per capita income rising, zero...

NEW DELHI: An analysis of the...

Per capita income rising, zero tax liability declining: Charts show ascent of middle income class

NEW DELHI: An analysis of the income tax returns filed from FY11 to FY22 exhibited a positive trend backed by the rise of the great Indian middle income class and a significant decline in the number of income tax returns with zero liability.According to an SBI Research report, India's per capita income is expected to rise from Rs 2 lakh in FY23 to Rs 14.9 lakh in FY47.The report also said that 25% of income tax returns filers are expected to leave the lowest income strata by FY47,...
Karl Jörg -
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Per capita income...

NEW DELHI: An analysis of the income tax returns filed from FY11 to FY22 exhibited a positive trend backed by the rise of...
Karl Jörg -
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