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Here Are The Latest Details On Indian Crorepatis Number

The quantity of taxpayers making over ₹1 crore per year has climbed by about 60 per cent in India in the last 4 years.

Here Are The Latest Details On Indian Crorepatis Number here are the latest details on indian crorepatis number Here Are The Latest Details On Indian Crorepatis Number indian rupee e1542683873562
Here Are The Latest Details On Indian Crorepatis Number

According to the Central Board of Direct Taxes (CBDT) data, the quantity of taxpayers making over ₹1 crore per year has climbed by about 60 per cent in India in the last 4 years.

While 88,649 taxpayers disclosed earnings above ₹1 crore in 2014-15, the number grew to 1,40,139 in 2017-18, the data stated.

It further stated, around 80 per cent surge was recorded in the quantity of returns filed during the specified period.

The CBDT is a statutory authority running under the Central Board of Revenue Act, 1963. The officials of the Board in their ex-officio capacity also function as a Division of the Ministry dealing with matters relating to levy and collection of direct taxes.