Wednesday, January 21, 2009

Is really everyone getting big salaries in India? Fact or Rumour?

Income bracket No of tax payers TDS collected
(per year in Rs.) 2005-06 2006-07 2007-08 (in Cr in Rs.)





5-10L X
2X
10L-20L
150,000
5,770
10-50L 87,000
224,000
50L-1Cr 4,400
10,500
1Cr & above 2,200
5,000 4415

As per ITRs filed.
Individual income statistics.
Source: Income tax dept, Govt of India through The Economic Times, Sat, Dec 27, 2008

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