Is it all about
getting opportunity to be corrupt for majority of the people??
Why we are expecting
Government to be non-
corrupt, if the majority of us are waiting for opportunity???
- 4.2 crore persons
engaged in organised sector employment, the number of individuals filing return
for salary income are only 1.74 crore.
- 5.6 crore informal
sector individual enterprises and firms doing small business in India, the
number of returns filed by this category are only 1.81 crore.
- Out of the 13.94
lakh companies registered in India upto 31st March, 2014, 5.97 lakh companies
have filed their returns for Assessment Year 2016-17. Of the 5.97 lakh
companies which have filed their returns for Assessment Year 2016-17 so far, as
many as 2.76 lakh companies have shown losses or zero income. 2.85 lakh
companies have shown profit before tax of less than Rs 1 crore. 28,667
companies have shown profit between Rs 1 crore to Rs 10 crore, and only 7781
companies have profit before tax of more than Rs 10 crores.
- Among the 3.7 crore
individuals who filed the tax returns in 2015-16, 99 lakh show income below the
exemption limit of Rs 2.5 lakh p.a., 1.95 crore show income between Rs 2.5 to
Rs 5 lakh, 52 lakh show income between Rs 5 to Rs 10 lakhs and only 24 lakh
people show income above Rs 10 lakhs.
- Of the 76 lakh
individual assesses who declare income above Rs 5 lakh, 56 lakh are in the
salaried class.
-The number of people
showing income more than Rs 50 lakh in the entire country is only 1.72 lakh. We
can contrast this with the fact that in the last five years, more than 1.25
crore cars have been sold, and number of Indian citizens who flew abroad,
either for business or tourism, is 2 crore in the year 2015.
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