• Only 1.7% Indians paid income tax in 2015-16

    Only 1.7% Indians paid income tax in 2015-16

    Published Date : 25-Dec-2017 9:18:24 IST

    As per data released by the Income Tax department, just over 2 crore Indians, or 1.7% of the total population, paid income tax in the assessment year 2015-16. Around 4 crore people filed returns, with only 2.06 crore actually paying tax. The total income tax paid declined to ₹1.88 lakh crore in 2015-16, from ₹1.91 lakh crore in 2014-15.

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