The Central Board of Direct Taxes said only 2,200 persons disclosed annual income of more than Rs 1 crore from their professional work in FY19. The department added that the number of individual tax payers who have disclosed income above Rs 5 cr across the country was 8,600, while 316,000 individual tax payers have disclosed income above Rs 50 lakh.
from News-Economic Times https://ift.tt/2SqHpQj
Income Tax dept backs up PM’s professional tax return claims
February 14, 2020
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