Salaried people paid â¹76,000 tax on avg, biz people paid â¹25,000
During his 2018 Budget speech, Finance Minister Arun Jaitley revealed that 1.89 crore salaried individuals paid an average tax of â¹76,306 for 2016-17. He added that 1.88 crore individual business taxpayers paid â¹25,753 on average. He further pointed out that the effective taxpayer base has increased by nearly 28% from 6.47 crore in 2014-15 to 8.27 crore in 2016-17.