Bulk Of Salaried Class Filing Returns Earned Rs 5.5-9.5 Lakh Per Annum

New Delhi: Bulk of individual tax payers have shown an annual salary income between Rs 5.5-9.5 lakh in returns for the Assessment Year 2012-13, while only six people declared such income ranging from Rs 50-100 crore.  As per the Income Tax Return Statistics for Assessment Year 2012-13, over 20.29 lakh salary earners have shown salary income ranging between Rs 5.50-9.50 lakh per annum.  With average salary coming in at Rs 6.94 lakh,...