New Delhi, Nov. 14 -- Data from the Income Tax Department reveals a shift in India's tax landscape over the past decade, with the share of tax collected from individuals earning less than Rs.10 lakh dropping from over 10% to 6.22%.

Meanwhile, high earners are increasingly contributing to the tax pool. The number of tax returns filed by individuals earning over Rs.50 lakh has surged from 1.85 lakh in 2014 to 9.39 lakh in 2024. Tax collection from this group has tripled, rising from Rs.2.52 lakh crore in 2014 to Rs.9.62 lakh crore in 2024, data showed.

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"Tax liability on the lower and the middle income group has gone down, while the compliance and ...