Indian society largely tax non-compliant: FM Jaitley
Slamming tax evaders in his Budget speech, Union Finance Minister Arun Jaitley on Wednesday said that India is largely a tax non-compliant economy which puts a burden on those who pay taxes. Stating that about 1.2 crore cars were sold in last 5 years, Jaitley said only 1.7 lakh people declared income above ₹50 lakh per annum.