Number of Indians with income above Rs 100 Cr crosses 500 mark in FY26
2 sources·Updated July 27, 2026
Covered by 2 sources
- YourStory India·15h agoNumber of Indians with income above Rs 100 Cr crosses 500 mark in FY26
A total of 576 individuals declared annual incomes of more than Rs 100 crore in FY26, up from 415 a year earlier, according to Finance Ministry data tabled in the Lok Sabha. The government also pushed back against claims that income inequality is widening in India.
Read at YourStory India → - Deccan Chronicle Ent·15h agoIndia Now Has 576 Individuals Reporting Rs 100 Crore+ Income: IT Data
The number of individuals having reported gross total income of Rs 100 crore or more in the Income-tax Returns (ITRs) filed in Assessment Year (AY) 2025-26 stood at 576
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