Income tax data released

Today central government release taxation data of central government of India. I am capturing some interesting part of it. I am interested in current years data:

Year - 2015-16
Corporate Tax: 454419 crore
Personal Income Tax: 286801 crore
Other Direct taxes: 1075 crore
Direct Tax collection: 742295 crore
Indirect Tax collection: 711885 crore
Total Tax collection: 1454180 crore
GDP - 13567192 crore
Population of India: 125 crore
Average per person income per year: 1,08,537 rupee
Individual income tax assesses: 4.86 crore

The interesting part is that out of Total tax collection of 14,54,180 crore only 2,86,801 crore comes as personal income tax which is 19.72 % of total tax collected. Number of individual tax payers is 4.86 crore which is 3.88% of total population. If I assume that every earning individual have 3 dependents then 15.55% of families are paying personal income tax.

If we assume that only 25% of our population is earning then average income per earning person is 4,34,148  (per family of 4 person).  As per current income tax slab tax on income of 5 lakhs is 25,000. The average tax per income tax payer is 59,012 rupee which looks reasonable.

7,11,885 crore rupee is coming as indirect taxes which is being paid by every individuals irrespective of their financial status. Excise duty on medicines is paid by every patient be him rich or poor. It is 48.95% of total tax collection. If 19.72% of tax is paid by 15.55% of families as income tax then it is not surprising.

On social media people are saying that 1% of people are paying 50% of the tax. It is not true as per data released by Income Tax Department. Only 19.72% tax is coming from 15.55% of families. Of course this tax money will not be spent exclusively on welfare of people it is collected from. If that was to be done then government could have applied fee for service rather than imposing taxes. Taxes are paid by riches and used for welfare of poor which rich people never like. Rich people can't publicly say that they don't want to pay taxes for welfare of poor people so they keep crying about corruption which happens in utilization of tax money. The actual intent of rich people is that they don't want to pay any money for welfare of poor people..