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24% MPs & MLAs don't even pay Income Tax
By: Tupaki Desk | 17 Feb 2017 7:29 AM GMT
Could you believe, As many as 24% of our MPs and MLAs claim they don't even have to pay the Income Tax at all as their earnings were less than Rs 2.5 lakh. As many as 1,141 MPs and MLAs doesn't pay tax citing the same reason.
Whereas, 75% of MPs and MLAs claims their annual earnings were less than Rs 10 lakh. While 35% of Lawmakers say their annual income is less than 2.5 lakh, 40% declare their annual income between Rs 2.5 lakh to Rs 10 lakh.
Union Finance Minister Arun Jaitley said India can be declared as Tax Non-Compliant Society based on this data. '3.7 crore people out of 130 crore population have died Tax Returns in 2015-16. About 9.9 million people (27%) declared their annual income is below Rs 2.5 lakh. 19.5 million people (53%) declared their annual income between Rs 2.5 lakh to Rs 5 lakh. 7.6 million (20%) declared their annual income of above Rs 5 lakh,' says Centre.
While 72% BJP and Congress Lawmakers declared they earn less than Rs 10 lakh. 83% of Samajwadi Party MPs, 80% of BJD MPs, 78% of AIADMK MPs and 68% of TDP MPs claims their annual earnings were less than Rs 10 lakh.
Whereas, 75% of MPs and MLAs claims their annual earnings were less than Rs 10 lakh. While 35% of Lawmakers say their annual income is less than 2.5 lakh, 40% declare their annual income between Rs 2.5 lakh to Rs 10 lakh.
Union Finance Minister Arun Jaitley said India can be declared as Tax Non-Compliant Society based on this data. '3.7 crore people out of 130 crore population have died Tax Returns in 2015-16. About 9.9 million people (27%) declared their annual income is below Rs 2.5 lakh. 19.5 million people (53%) declared their annual income between Rs 2.5 lakh to Rs 5 lakh. 7.6 million (20%) declared their annual income of above Rs 5 lakh,' says Centre.
While 72% BJP and Congress Lawmakers declared they earn less than Rs 10 lakh. 83% of Samajwadi Party MPs, 80% of BJD MPs, 78% of AIADMK MPs and 68% of TDP MPs claims their annual earnings were less than Rs 10 lakh.
