Showing posts with label how big is indian rich class. Show all posts
Showing posts with label how big is indian rich class. Show all posts

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