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Only 76 lakh Indians showed income of over Rs 5 lakh, says Arun Jaitley

| Feb 01, 2017, 05:22:53 PM
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Union Finance Minister run Jaitley said that the tax collection is not commensurate with the income and expenditure patterns. Presenting the Union Budget 2017-18 in the Lok Sabha, Jaitley hit out at tax evaders and said ‘over decades tax evasion had become a way of life. We are largely a tax non-compliant society. When too many evade tax, the burden falls on those who are honest.’

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