24 percent MPs/MLAs say they don't need to pay tax or have no income
Sharing income tax data, Arun Jaitley said that of 37 million individuals who filed tax returns in 2015-16, 9.9 million declared annual incomes below Rs 2.5 lakh.
Feb 16, 2017, 14:42 PM IST1 taxpayer owes 11% of India's individual income tax in 2014-15
An unnamed taxpayer owed the government Rs 21,870 crore (over $3 billion) for the assessment year 2014-15, which was 11 percent of they income tax to be paid by all Indians, according to 2016 data, the latest available, from the Income Tax Department.
Jan 24, 2017, 13:43 PM IST