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How would you even define unemployed in a vast part of India? There is quite an bit of informal economy. I think >94% don't even file income taxes (either too l
by pkaye 10y ago
How would you even define unemployed in a vast part of India? There is quite an bit of informal economy. I think >94% don't even file income taxes (either too low an income or don't declare.)
- gyey 10y agoLess than 2.5% file tax returns and less than 1% pay tax. http://www.cnbc.com/2016/05/03/guess-how-many-people-pay-taxes-in-india.html http://www.cnbc.com/2016/05/03/guess-how-many-people-pay-tax...
- jganetsk 10y agoI don't need to define it though. India has non-zero tax revenue. It can raise that revenue somehow (to claim otherwise would be bold and would require evidence). And some individuals will have a tax liability greater than the level of basic income.