News in numbers: Income tax payers up by 70% compared to last year

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News in numbers: Income tax payers up by 70% compared to last year

Sorry we're closed: 400 pumps were shut in Delhi due to the issue of VAT taxes

Sorry we're closed: 400 pumps were shut in Delhi due to the issue of VAT taxes  

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Important numbers in the news today

5.4 crore

Number of individuals who paid income tax between April and August 2018. It's a 70% increase compared to last year, in the same period.

₹ 27,083

Average income tax paid per individual between April and August 2018. It's a 32% decrease compared to last year, in the same period.

1,40,139

Number of taxpayers earning above ₹ 1 crore per year in FY2018. It’s a 58% increase from FY2015.

₹ 42,000 crore

Winning bid of world's largest steel producer, ArcelorMittal, to acquire Essar Steel.

400

Number of petrol pumps shut in Delhi on Monday following the AAP government's refusal to lower VAT taxes on fuel.

26 October

Likely onset of north-east monsoon this year.

500 yen

The amount of electronic money that will be credited to Japanese citizens who will download the PayPay mobile application. PayPay is Paytm's smartphone payment service launched in Japan along with SoftBank and Yahoo Japan.