income tax india percentage
Only 2 to 3 percent of Indians pay any income tax at all. Tax evasion by the wealthy has been cited as a central element in the financial collapse of Greece, while not paying income taxes is also a major problem in Italy and various other debt-wracked nations.hose making between 200,000 and 500,000 rupees are subject to a 10 percent tax; those earning between 500,000 and 1 million rupees, 20 percent tax; and those above 1 million, a 30 percent rate.