Number of income tax payers with over ₹1 crore of taxable income rises five times in ten years
Oct 23, 2024 4:48 PM IST
The number of taxpayers with over ₹1 crore of taxable income rose by over five times to 2.3 lakh in the assessment year 2023-24, compared to 44,078 in 2013-14
The number of salaried individuals with more than <span class='webrupee'>₹</span>1 crore income amounted to nearly 52% in AY2022-23. This was 49.2% in the year before and 51% in AY2013-14.
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