High-Income Taxpayers in India Rise Fivefold in a Decade
India has witnessed a remarkable increase in its high-income taxpayer base over the past decade. With more individuals reporting annual taxable incomes exceeding ₹1 crore, the growth highlights the nation’s expanding economy and growing affluence. In this article, we delve into the numbers, trends, and factors contributing to the rise of high-income taxpayers, emphasizing the broader tax base and its