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The Personal Income Tax Rate in India stands at 39 percent. This dataset provides - India Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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This dataset contains the number of personal income taxpayers in India by tax slabs.
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The dataset comprises of state-wise data on the number of persons who filed Income Tax returns as well as the state-wise data on the number of persons whose Income Tax returns amount to zero tax liability.
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Government Revenues in India decreased to 279288 INR Tens of Million in April from 3078247 INR Tens of Million in March of 2025. This dataset provides - India Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.
In the financial year 2021, a majority of Indian households fell under the aspirers category, earning between ******* and ******* Indian rupees a year. On the other hand, about ***** percent of households that same year, accounted for the rich, earning over * million rupees annually. The middle class more than doubled that year compared to ** percent in financial year 2005. Middle-class income group and the COVID-19 pandemic During the COVID-19 pandemic specifically during the lockdown in March 2020, loss of incomes hit the entire household income spectrum. However, research showed the severest affected groups were the upper middle- and middle-class income brackets. In addition, unemployment rates were rampant nationwide that further lead to a dismally low GDP. Despite job recoveries over the last few months, improvement in incomes were insignificant. Economic inequality While India maybe one of the fastest growing economies in the world, it is also one of the most vulnerable and severely afflicted economies in terms of economic inequality. The vast discrepancy between the rich and poor has been prominent since the last ***** decades. The rich continue to grow richer at a faster pace while the impoverished struggle more than ever before to earn a minimum wage. The widening gaps in the economic structure affect women and children the most. This is a call for reinforcement in in the country’s social structure that emphasizes access to quality education and universal healthcare services.
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License information was derived automatically
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 of 2022, the top 10 percent Indian population group in terms of pre-tax income was estimated to hold over ** percent of total income in India, whereas the bottom ** percent group only made up just over ** percent of total income. This reflected an even greater income gap compared to 2000.
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The Social Security Rate in India stands at 24 percent. This dataset provides - India Social Security Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Personal Income Tax Rate in India stands at 39 percent. This dataset provides - India Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.