Feb 08, 2019 10:33 AM IST | Economy
Out of 120 crore Indian citizens, only 1.5 lakh earn over Rs 1 crore
As per the report, Sushil Chandra, chairman of the Central Board of Direct Taxes (CBDT), revealed that salaried personal constituted the majority of 1,50,000 income tax filers.
The report, besides revealing the low turnout of companies filing returns with incomes of more than Rs 1 crore, also highlighted that the number of crorepatis grew marginally compared to last fiscal year’s 140,000.
Published Date: Feb 8th, 2019 10:32 AM | Updated Date: Feb 08, 2019 10:33 AM IST
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