Only 576 Indians Reported Income Above ₹100 Crore in AY 2025–26: Finance Ministry Data Raises Questions

New Delhi: The Finance Ministry has informed Parliament that 576 individuals reported a gross income of more than ₹100 crore in Assessment Year (AY) 2025–26, up from 415 individuals in AY 2024–25. The figures indicate a sharp increase in India’s ultra-high-income taxpayers. According to the government, the number of people …

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