How many taxpayers are there in India 2013?

How many taxpayers are there in India 2013?

For instance, about 13.9 million tax payers earned between 250,000 and 500,000 Indian rupees annually, while 2.4 million tax payers made over one million in a year….Number of income tax payers across India in FY 2013-14, based on income range (in millions)

How many taxpayers are there in India 2012?

A total of 2.87 crore individuals filed income tax returns for that year, but 1.62 crore of them did not pay any tax — leaving the number of taxpayers at just about 1.25 crore which was close to one per cent of the country’s total population of about 123 crore at that time.

How much income tax is collected each year?

The governments in the US collect about $5.4 trillion a year in income and payroll taxes. Income tax is where governments collect the most tax: in federal, state, and local income tax they will collect about $3.4 trillion in 2022.

What is the total income of India?

$81.97 billion (2020-21)

How much tax money is collected each year?

Which tax collection is highest in India?

Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 compares with budget estimate of Rs 22.17 lakh crore, he told reporters here. Direct taxes, which comprise income tax paid by individuals and corporate tax, came in at Rs 14.10 lakh crore — Rs 3.02 lakh crore higher than the budget estimate.

What percent of Indian population pays income tax?

6.5%
These income tax filers make up just about 6.5% of India’s adult population (all of whom are voters). The voting percentage can be as high as 85% during elections.

How many taxpayers are there in India?

India had 8.22 crore taxpayers, which include individuals and corporates, in 2019-20, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday. “Total number of taxpayers for AY 2020-21 is 8,22,83,407.

What is India’s rank in GDP?

5
GDP by Country