The number of individuals reporting taxable income over Rs 1 crore rose significantly from 44,078 in AY2013-14 to nearly 2.3 lakh in AY2023-24, indicating higher incomes and better compliance. Salaried individuals comprised a substantial portion, but higher income levels saw more businessmen and professionals.from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Uobi7k4
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