45 lakh people have incomes above Rs 10 lakh, but 25 lakh cars are bought every year

In a country of 140 crore people, only 6.77 crore file taxes, out of which only 20 lakh people pay taxes with income over 20 lakh.

The income tax data collected shows only 1.7 lakh people reporting income of more than Rs 1 crore in a year.

Yet luxury brands like BMW, Jaguar, Audi, Mercedes, Porsche, and Maserati sell almost 35,000 cars every year.

Also, 45 lakh people have incomes above Rs 10 lakh, but 25 lakh cars are bought every year. That only shows that tax evasion is soaring.