Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Number of crorepati taxpayers surges 323% in 10 yrs
Hindustan Times
|November 14, 2024
The number of taxpayers with 1 crore plus gross annual income surged 323% to 350,129 in 2023-24 from 82,836 in 2013-14 while the number of income-tax assesses saw a 120% jump in last one decade to 79,212,146, signifying the government's policy nudge to deepen and widen the tax base while shielding the middle class, according government officials aware of the matter.
Similarly, taxpayers with a gross income between 50 lakh and 1 crore saw a growth of 440% in the last 10 years -- their number rose from 109,171 in 2013-14 to 589,762 in 2023-24, they added, requesting anonymity. The growth in taxpayers earning between 20 lakh and 50 lakh in these 10 years was 526.5%, they said, citing provisional data.
This story is from the November 14, 2024 edition of Hindustan Times.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times
Hindustan Times Delhi
Red Chillies opposes Wankhede's plea; latter rejects defence
In the latest development amid the ongoing defamation case filed by Sameer Wankhede, the makers of The B***ds of Bollywood told the Delhi High Court that his claim is \"wholly misconceived\" and \"devoid of merit\".
1 min
November 01, 2025
Hindustan Times Delhi
Juvenile conviction not bar for appointment in govt services, rules HC
The Allahabad high court has held that a conviction under the Juvenile Justice (JJ) Act cannot be considered grounds for disqualification from appointment in government services.
1 min
November 01, 2025
Hindustan Times Delhi
Former India goalkeeper, Munich Olympics bronze medallist, no more
Former Indian hockey goalkeeper Manuel Frederick, who was a member of the team that clinched the bronze medal at the 1972 Munich Olympics, died on Friday. He was 78.
1 min
November 01, 2025
Hindustan Times Delhi
GOVT LOOKS AT RAISING INCOME LIMITS ON FREE HEALTHCARE
The Delhi government is considering the proposal for increasing the income limit of families from the Economically Weaker Section (EWS) for free treatments in private hospitals, government officials told the Delhi High Court on Friday.
1 min
November 01, 2025
Hindustan Times Delhi
FBI director: 'Potential terrorist attack' thwarted
WASHINGTON: FBI director Kash Patel said on Friday that the agency had thwarted a \"potential terrorist attack\" planned in the northern state of Michigan over Halloween weekend.
1 min
November 01, 2025
Hindustan Times Delhi
Through the tears, Jemimah’s absolute class shines through
She's always been the lively supporting act but vs Australia, India discovered the full gamut of her talents
4 mins
November 01, 2025
Hindustan Times Delhi
{ A RECORD FOR CLASSICAL INDIAN ART } Mughal miniature sells for record ₹119.49 crore at Christie' 's auction
A miniature depicting a family of cheetahs relaxing on a patch of luxuriant grass in a rocky landscape, attributed to one of Akbar’s favourite artists, Basawan, has set the record for the most expensive classical Indian art at Christie's London auction on October 28.
1 min
November 01, 2025
Hindustan Times Delhi
SC questions ED probe into C’garh liquor case against Baghel’s son
The Supreme Court on Friday raised questions over the Enforcement Directorate investigation in the ₹2000-crore Chhattisgarh liquor case, saying the probe was being carried out without the mandatory sanction of the Magistrate required under the criminal procedure law.
2 mins
November 01, 2025
Hindustan Times Delhi
ECI: Cannot deregister party over caste rallies
{ IN AFFIDAVIT FILED WITH HC
1 min
November 01, 2025
Hindustan Times Delhi
UIDAI SETS UP PANEL TO REVIEW AADHAAR TECH
The Unique Identification Authority of India has formed a high-level expert panel to make Aadhaar technology future-ready, especially for scalability and resilience against evolving cybersecurity threats, according to an official statement released on Friday.
1 min
November 01, 2025
Listen
Translate
Change font size