Taxpayers accounted for 1% population in 2012-13
Around 1.25 crore individuals paid income tax in India in the 2012-13 fiscal, accounting for about 1% of the population then, government data has revealed. Further, less than ₹1.5 lakh was paid by 89% of the taxpayers while the average tax paid for the period stood at about ₹21,000. Further, 5,430 individuals paid an income tax of over ₹1 crore.