Total ITRs Filed (AY 24-25)

7.28 Crore

↑ 7.5% YoY

New Regime Adoption

72%

5.27 Cr Filers

Zero-Tax Returns

~63%

Zero liability after rebates

Tax-to-GDP Ratio

6.6%

Direct Taxes Only

ITR Filing Growth (Crores)

Regime Preference (AY 2024-25)

Income Distribution of Filers

Income Range % of Filers Tax Share
Up to ₹5 Lakh 47% Minimal
₹5 - ₹10 Lakh 37% ~13%
₹10 - ₹25 Lakh 13% ~37%
Above ₹50 Lakh 1% 50%

*Top 1% of individual filers contribute nearly 50% of the total collection.

ITR Form Types

Corporate Tax Concentration

While there are 10.7 lakh companies filing returns, the tax burden is highly concentrated in a few giants.

0.1% of Companies

contribute 53% of total corporate tax revenue.

  • 1. Reliance Industries: ~₹25,700 Cr
  • 2. TCS: ~₹15,900 Cr
  • 3. HDFC Bank: ~₹11,100 Cr