Yes, only 15 million Indians pay tax; but who is to blame for this?

The prime minister has drawn attention to the fact that only 15 million people in India pay income tax. He is right to complain, since more than that number buy two-wheelers in a year. The total two-wheeler population is about 180 million. The cheapest scooters cost about Rs 50,000, and the more popular models cost over Rs 65,000. It is therefore not unreasonable to expect that someone earning enough to own a scooter or motorbike should be paying income tax. Unfortunately, less than 10 per cent do.   So Narendra Modi is right to complain, but he is the wrong person to be doing it. For, .....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.