Shahrukh Khan, a Hindi film industry actor was India's leading celebrity taxpayer with a tax contribution worth *** million in the financial year 2024. Thalapathy Vijay, a Tamil film industry actor and playback singer ranked second with tax contributions worth *** million Indian rupees. He joined politics in *************.

Over ** million income tax returns were filed in India in the assessment year 2024. There were over ** million taxpayers in the income group of *** thousand to *** thousand Indian rupees, the highest across all other income categories.

The Bollywood actor Salman Khan ranked as the highest known tax payer across India in 2017, with advanced tax payments of *** million Indian rupees. Akshay Kumar followed suite with tax payments worth *** million rupees that year.

As of July 2020, the state of Maharashtra housed the largest population of GST taxpayers in India amounting to about **** million in number. The overall size of the GST taxpaying population in India that year tallied approximately ***** million. The GST was introduced by the Indian government on July 1, 2017 as a singular indirect tax on the supply of goods and services which replaced most of the existing indirect taxes levied in the country.

This dataset provides values for PERSONAL INCOME TAX RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

As per Indian Union Budget estimates for financial year 2025, direct taxes accounted for ** percent and indirect taxes accounted for ** percent of total central tax collection in India. The source mentions that due to a cut in the corporate tax rate in 2019 and an increase in excise duty in financial year 2021, the share of direct taxes witnessed a fall following 2019. In a progressive tax system, the share of direct taxes is higher than indirect taxes.

Households in the Indian and White Other ethnic groups received the highest percentage of their income from employment out of all ethnic groups.

At the end of 2024, the number of entities liable to pay the goods and services tax in India under the "normal taxpayer" category consisted of more than ********** taxpayers. Overall, there were over ********** registered GST taxpayers during this time. The GST was introduced by the Indian government on July 1, 2017, as a singular indirect tax on the supply of goods and services, which replaced most of the existing indirect taxes levied in the country. GST structure While the GST is paid by consumers, it is conveyed to the government by the businesses providing the goods and services. Currently, GST has a tier tax structure of * percent, ** percent, ** percent, and ** percent, with some exceptions for gold and real estate. Items such as food, education, and healthcare are exempt from GST. Luxury items and comfort goods are categorized under higher slabs, whereas necessities are included in lower and nil slab rates. The Goods and Services Tax Network (GSTN) provides a single interface for taxpayers and governments. The system provides processes like registration, filing of returns, and tax payments, online. Impact on the economy GST implementation has proved to be beneficial on various fronts. These include higher revenues, uniformity in taxation, increased transparency, elimination of cascading taxes, online process, and efficient logistics and distribution system. As the GST gains wider acceptance, it is slowly leading to the formalization of the Indian economy.

In India, the share of the population that earned at least the equivalent of the highest 10 percent of global income earners as of 2022 in purchasing power parity (PPP) terms was *** percent. Hyderabad topped the list with the highest share of the upper or high-class category consumers, at over ** percent. Cities from south India topped the list with the first four ranks, followed by the national capital, Delhi.