76% of total personal income tax receipts in India come from only 0.3% of the adult population.
India’s Taxpayer Population Grows, but Compliance Still Low India, known for its massive population, has a surprisingly small number of individuals who pay taxes. Recent data reveals that only 4.8% of the total population and 6.3% of the adult population in India are personal income taxpayers. Among this group, a mere 0.3% of adults, or…