A sharp contrast in global tax participation: while over half the population pays income tax in countries like Canada, Germany, the UK, and the US, India’s share stands at just around 5%. The data highlights the scale of India’s informal economy and the narrow tax base supporting public spending.
Follow [
onevisionmedia.in ] to stay informed and updated❗
.
.
#onevisionmedia #IncomeTax #TaxBase #GlobalComparison