KEY TAKEAWAYS FROM IT DATA

• Only 0.06% (18,358) of total individual tax assesses (28.7 million) had annual salary income of over Rs 1 crore in FY12
• Of Rs 3.89 lakh cr, total direct tax payable in FY12, 66% was by only 21,819 entities — or 0.07% of total I-T returns filed
• Over half of the returns filed in FY12 had zero tax liability (Of the 31.1 million returns filed, 55.6 per cent)
• 2.02 million declared salaried income between Rs 5.5 lakh and Rs 9.5 lakh
• Close to 20 million return filers, 62 per cent of total return filers, had no salary earnings, but had other sources of income from businesses, house property, interests, long-term and short-term capital gains tax, etc. 
• 1.1 mn tax-paying professionals