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Only 1.7% Indians paid income tax

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  • Just over 2 crore Indians, or 1.7% of the total population, paid income tax in the assessment year 2015-16 according to the data released by the I-T Department.
  • The number of income tax return filers has increased up to 4.07 crore in assessment year 2015 16 (FY 2014-2015 from 3.65 crore in the previous year.
  • Only 2.6 crore actually paid text as the others claimed income below taxable limits.

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