576 individuals reported income above Rs 100 crore in AY 2025-26

As many as 576 individuals have reported a gross total income of Rs 100 crore or more in their income tax returns for the 2025-26 assessment year, registering a four-fold growth over the past five years, Parliament was informed on Monday. This was stated by Minister of State for Finance Pankaj Chaudhary in the Lok Sabha in reply to a question on whether the government is aware that there has been a significant increase in...