Today I read a letter in the newspaper.
The statistics are really shocking about India.
125 crores. Population.
5 crores. Tax payers registered with Income Tax Department
1.6 crores out of 5 crores do not pay income tax.
2.72% population pays tax.
No tax paying population Tax payers registered with Income Tax Department though registered as tax payer. Only 2.72% pay taxes. Inference 2.72 people earn and 97.28 enjoy on their earnings.
Why should not every graduate have a PAN card?
I am not asking for paying tax. At least, they got graduation from their country, they should be registered and file income tax returns.