Top Unknown tax facts about India

1.

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2.

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3.

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4.

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5.

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Top Unknown tax facts about India

1.

GST came into effect through the 101st Constitutional Amendment Act in 2016.

2.

Kerala, Sikkim, Mizoram, Nagaland, and Madhya Pradesh lead in income tax growth.

3.

Despite a population of 130 crore, only 1.46 crore Indians pay income tax.

4.

Non-payment of GST can lead to up to five years of imprisonment.

5.

"Rich" taxpayers make up just 0.01% of India’s population.

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