What percentage of the Indian population files income tax returns? Option: "Approximately 45%", "Approximately 5%", "Approximately 90%", "Approximately 1.5%"

What percentage of the Indian population files income tax returns?

What is the income tax rate for individuals earning between Rs 2.5 lakhs and Rs 5 lakhs in the financial year 2020/21?

What is the minimum income threshold in India that requires individuals to file an Income Tax Return?

What is the income tax exemption threshold for individuals under the age of 59 in India?

What type of tax is income tax classified as in India?

Which of the following individuals is required to file an ITR?