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Unevenness in taxes paid by salaried class, biz people: Adhia

News and Press Release - Dated:- 6-2-2018 - New Delhi, Feb 5 (PTI) There is unevenness in the taxes paid by the salaried class and business people, as 50 per cent of the 7 lakh companies which file I-T returns show zero or negative income, Finance Se .....

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well as demonetisation and there has been a concerted effort to make India a tax compliance society. E-way bill and invoice matching in the new indirect tax regime will help curb evasion, he added. Speaking at the CII post-Budget meet, Adhia said: In .....

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average tax payment of ₹ 76,306 per individual salaried taxpayer. As against this, 1.88 crore individual business taxpayers, including professionals, have paid total tax of ₹ 48,000 crore which works out to an average tax payment of ͅ .....

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et a premium in Goods and Services Tax, Adhia said. With regard to demands for reduction in corporate tax rate, he said that globally the revenue mop up from personal income tax is much higher compared to corporate income tax. ...While in India the p .....

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