In India only 1.46 crore people pay tax according to reports of Central Board of Direct Tax in 2020
It is roughly 1.08% of the total population who pay tax
Roughly 4.32 crore people having income upto 5 lakhs are not liable to pay tax according to the new tax laws
Compared with other developing countries India lies far behind
It means a country with population of 130 crores only 1.46 crore people pay tax.(Its shocking)
For more revenue, we need more taxes, for more taxes everyone should be employed and drawing a salary.
In the long run its better to tax the population rather than to tax industries
Have you ever thought that why billionaires like Jeff Bezos ,Elon musk and many other pay very less tax or no tax.
Jeff Bezos didn't pay any income tax in 2007 and 2011 and Elon musk didn't pay any of these in 2018
PS: I wonder how can they escape from paying tax and not facing any legal action
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