UPSC IMPORTANT QUESTIONS: Consider the following statements:

The growth rate of direct tax collections have fallen in the last five years compared to the previous five years
About four per cent of India’s voters are taxpayers

Which of the statements above is/are correct?

a) 1 only
b) 2 Only
c) Both 1 and 2
d) Neither 1 nor 2

Answer : C

“Conclusions based on analyses of the data were reported in the chapter, the crux of which was that just four per cent of India’s voters are taxpayers, though it should be closer to 23 per cent, and 85 per cent of the net national income falling outside the tax net.”