But growing work force should also result in increase in income tax revenue. Why is the income tax base so narrow and what can be done to remedy this.? Why the low tax baseThe low base of income tax payers has been debated and discussed about quite often in the past. Further, a dominant portion of India’s workforce in employed in agriculture and agri income is exempt under income tax. There are however two other means through which the number of income tax return filers can be increased.

Source: The Hindu February 17, 2023 04:46 UTC