Under-reporting of income by wealthy Indians
By: Singh,Ram and Ray, Soumyajit
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Material type: 
BookPublisher: Economic and Political Weekly Description: 58(20), May-20, 2023: p.17-19.
In:
Economic and Political WeeklySummary: The affluent Indians often complain about the “excessive” income taxation. Yet, very few of them figure among the top income taxpayers. This paradoxical situation results from the relatively low incomes reported by wealthy groups. On average, the wealthier a family is, the smaller the income it reports relative to its wealth.- Reproduced
| Item type | Current location | Call number | Vol info | Status | Date due | Barcode |
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Articles
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Indian Institute of Public Administration | 58(20), May-20, 2023: p.17-19 | Available | AR128837 |
The affluent Indians often complain about the “excessive” income taxation. Yet, very few of them figure among the top income taxpayers. This paradoxical situation results from the relatively low incomes reported by wealthy groups. On average, the wealthier a family is, the smaller the income it reports relative to its wealth.- Reproduced
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