Quick Answer: Which Religion Pays Highest Tax In India?

How much tax do Jains pay?

According to statistics Jains arguably the most successful ,educated ,and prosperous people of india They are less than 5 million which is less than .

5 %of indian population and contribute 24%of total income tax collection of india !.

The Jains have the highest literacy rate in India, 94.1..

Is 50 lakhs a good salary in India?

To earn 50 Lakhs per annum, first have a higher income expectation. … Only then, you can earn 50 lakhs. If you are in India, you will most likely have to start a business to reach that goal.

Who is the highest tax payer in India 2018?

Amitabh BachchanAmitabh Bachchan beats Akshay Kumar, Salman Khan to become the highest tax payer in 2018-19, pays Rs 70 crore.

Is Jain A Hindu religion?

Jainism is considered to be a legally distinct religion in India. A section of scholars earlier considered it as a Hindu sect or a Buddhist heresy, but it is one of the three ancient Indian religions.

Who is Jain caste?

They have been followers of Jainism since ancient time. Porwal community that originated in southern Rajasthan, India. … Shrimal, originally from Rajasthan, Shrimal town in southern Rajasthan. The Shrimal (Srimal) Jain are part of the Oswal merchant and minister caste that is found primarily in the north of India.

Who is paying highest tax in India?

actor Salman KhanThe Bollywood actor Salman Khan ranked as the highest known tax payer across India in 2017, with advanced tax payments of 445 million Indian rupees. Akshay Kumar followed suite with tax payments worth 295 million rupees that year.

Which is highest tax paying country?

SwedenSweden has the highest tax rate in the world. Where do taxpayers pay the highest income taxes? In 2019, the highest income earners in Sweden pay a whopping 57.19 percent, more than anywhere else in the world. This is significantly more than the OECD average of 41.65 percent.

Which state is highest tax payer in India?

Maharashtra381. with figures in crore of Indian Rupees….List of states and union territories of India by tax revenues.RankStateTax Revenues (INR Billions) 2014-2019—India303311Maharashtra45182Andhra Pradesh and Telangana32343Uttar Pradesh296426 more rows

Which is richest caste in India?

Upper caste Hindus are the richest community in India owning 41% of total assets: Study. A recent wealth distribution survey revealed that just 22% of upper caste hindus own almost 41% of the total wealth in India. According to the survey, the Scheduled Tribes accounted for the lowest share, in terms of assets at 3.7%.

Is 20000 a good salary in India?

With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. … At best, the figure could be stretched to around Rs 7,000. Living Expenses. Then, they have to consider living and transportation expenses, which will have to be managed within a budget of Rs 5,000-7,000.

Which is the richest religion in India?

Jains are the richest religious community, with more than 70% of their population in the top quintile. There isn’t much difference between Hindus and Muslims and they are very close to the national distribution of wealth.

What income is considered rich in India?

Notably, India’s richest 1% includes more than 13 million people and their annual pre-tax income amounts to USD 77,000 or an estimated Rs 55 lakh, according to a Bloomberg report, titled, This Is What It Takes to be in the 1% Around the World.

Is Jain a OBC?

No, jain are not OBC. They are considered minority.

Who is highest tax payer in Delhi?

Top 5 Highest Corporate tax payers in India :Coal India (5595 Crore)ONGC (4913 Crore)

Which religion is most richest?

Global. According to a study from 2015, Christians hold the largest amount of wealth (55% of the total world wealth), followed by Muslims (5.8%), Hindus (3.3%), and Jews (1.1%).

Which part of India is the poorest?

GoaThis is a list of States and Union Territories of India ranked according to poverty as of 2011….List of Indian states and union territories by poverty rate.RankState/U.T.Poverty (% of people below poverty line)1Goa5.092Kerala7.053Himachal Pradesh8.064Sikkim8.1933 more rows

Is 20 lakhs a good salary in India?

There are factors such as if you are staying single or have dependents, your expenditure. However, in general 18–20 LPA is a good salary in India. … 18-20 lakhs per annum a good salary in India for a software developer with 4 years of experience and a masters degree in the USA? YES, very much.