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Indian tax payers migrating to higher range of total gross income: SBI Research report
Income tax returns in India show positive trend of migration to higher income range, according to SBI Research report on income inequality, MSMEs, and changing consumption patterns. Female tax filers account for 15% of individual tax filers, with states like Kerala, Tamil Nadu, Punjab, and West Bengal having higher share. Traditional income tax leaders like Maharashtra, Gujarat, Delhi, and Karnataka are decreasing in overall tax base. Uttar Pradesh leads in increasing its share, followed by Andhra Pradesh, Rajasthan, Punjab, Madhya Pradesh, and Haryana.
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