Mumbai loses tax-growth to Delhi but still remaining highest contributor for Income Tax

Kashmir Times. Dated: 11/17/2018 1:22:10 PM

Dear Editor,
It refers to data about Delhi having an all-time 45-percent high growth in collection of Income Tax leaving far behind Mumbai having growth-rate of just 4.6 percent but Mumbai still being the largest contributing city in India towards Income Tax with Delhi, Bengaluru, Chennai and Pune far behind Mumbai in Income Tax collection.
Income Tax Department should now concentrate on other parts of the country other than Mumbai and Delhi where Income Tax collection is much-much less than it should be. Senior officers in different Income Tax circles should be motivated through incentives and proper training so that Income-Tax collection may witness increased growth rate in other cities of the country as well. It is ridiculous that with so much spending power of extra-luxurious items on record, those declaring incomes above rupees one crore is much less than one crore. Number of Income-Tax payers though increased considerably after currency-demonetisation, yet it remains only a tiny part of those whose incomes should be taxable. It is time that agricultural income be taxed after some special basic exemption to avoid ultra-rich persons including celebrities and VVIPs hiding their unaccounted incomes under tax-free agricultural income.
—Madhu Agrawal,
1775 Kucha Lattushah
Dariba, Chandni Chowk Delhi.

 

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