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August 31, 2020Personal taxes have been one of the most commonly prevalent options to garner broad-based collection. Globally, in developed nations, nearly a third of their population form their tax, however less than 2% of our population are tax-payers in India. Even though, we have 5.64 cr (AY 2018-19) personal returns filed, only 2.49 crores of them are actually tax-payers.