Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
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.
Out of 120 crore Indian citizens, only 1.5 lakh earn over Rs 1 crore
Published Date: Feb 8th, 2019 10:32 AM | Updated Date: Feb 08, 2019 10:33 AM IST
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

More From
Live TV