The archaic standard deduction section of 80 C allows salaried individuals to save up to Rs 1.5 lakh every year and make that amount of income, tax-free
Income tax receipts form 22.58 percent of the government’s overall tax revenue (2015-2016 estimates). This is after you and me, and the whole community of salaried taxpayers, grudgingly part with our income every year. I am not even discussing the other taxes that we pay (look at the lumpsum corporation taxes, service taxes, etc), sometimes to just live in hygiene. I am not because it can be so infuriating that I fear I may digress and stop writing.
Look at this data carefully: