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Rs 100 crore+ income club sees most entries in 4 years

World 1 source 1 country 🔦 Under-reported 55m ago

Government data shows 576 individuals disclosed over Rs 100 crore income in FY2024-25. This number includes 161 new high-income earners added during the past year. Most of these super-rich taxpayers are non-salaried, reflecting past income trends.

Direct tax collection's share in total revenue has significantly increased over time. The number of income tax filers has also grown substantially since 2013-14.

Summary from source
Read the full story at the source Times of India · IN
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