In the financial year 2022, the share of zero tax liability in total income tax returns declined to 64 percent from around 84 percent in the financial year 2011. Zero-tax liability returns mean that an individual’s taxable income falls below the basic exemption limit and they are not liable to pay any tax.
Share of zero tax liability in total income tax returns in India during the financial year 2011 to 2022
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Moneycontrol. (October 2, 2023). Share of zero tax liability in total income tax returns in India during the financial year 2011 to 2022 [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/1449821/india-zero-tax-liability-as-a-share-of-total-itrs/
Moneycontrol. "Share of zero tax liability in total income tax returns in India during the financial year 2011 to 2022." Chart. October 2, 2023. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/1449821/india-zero-tax-liability-as-a-share-of-total-itrs/
Moneycontrol. (2023). Share of zero tax liability in total income tax returns in India during the financial year 2011 to 2022. Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/1449821/india-zero-tax-liability-as-a-share-of-total-itrs/
Moneycontrol. "Share of Zero Tax Liability in Total Income Tax Returns in India during The Financial Year 2011 to 2022." Statista, Statista Inc., 2 Oct 2023, https://www.statista.com/statistics/1449821/india-zero-tax-liability-as-a-share-of-total-itrs/
Moneycontrol, Share of zero tax liability in total income tax returns in India during the financial year 2011 to 2022 Statista, https://www.statista.com/statistics/1449821/india-zero-tax-liability-as-a-share-of-total-itrs/ (last visited November 14, 2024)
Share of zero tax liability in total income tax returns in India during the financial year 2011 to 2022 [Graph], Moneycontrol, October 2, 2023. [Online]. Available: https://www.statista.com/statistics/1449821/india-zero-tax-liability-as-a-share-of-total-itrs/
