Income Tax Collection in India - Hard Facts

Dt :9 Feb 2018.

I have referred to the following two public documents to publish graphical results using Tableau Public.

Income Tax Return Statistics AY 2015-16 Version 1.0 December 2017
Income Tax Return Statistics AY 2014-15 Version 1.1 January 2018

I have considedred Gross Income of Individual tax payers for the purpose of this analysis.

I will limit myself to minimum commentary and let the  Tableau Vizzes explain the story

Spread of Returns Filed Across Income Slabs

Spread Of Total Gross Income reported against Income Slabs

Income Slabs where maximum returns are Filed

The Truth Pie --- Reveals the truth behind the current government's slab revisions during Budgets

Out of the 4 Crore Individual tax payers close to 2.8 crore  fall below the Rs.5 Lakh slab.

Increase in Income reported in AY 2015-16

Surprisingly the people earning more than 500 crores have contributed less this time around.

New Tax Payers Added

Extra Income Reported 

If you look at all the graphs you would realize that the government has increased its tax collection from Individual tax filers.

This number is expected to shoot  up drastically after the post demonetization IT return statistics are out.

We will wait for them....