India’s ₹100 Crore Income Club Expands, Taxpayers Rise to 576 in AY 2025-26
The number of Indian taxpayers reporting annual income of ₹100 crore or more has surged to 576 in Assessment Year 2025-26, up from 415 a year earlier and 142 five years ago. The Finance Ministry said it does not maintain official billionaire wealth data but cited declining consumption inequality and
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India’s ultra-high-income taxpayer base has expanded significantly, with the number of individuals reporting annual incomes of ₹100 crore or more rising to 576 in Assessment Year (AY) 2025-26, according to data shared by the Finance Ministry in Parli... [2264 chars]
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Reporting and source material from Source material. This article provides The Universal Outlook's independent editorial analysis.
