Number of crorepati taxpayers up 20 pc to 97,689 in AY 2018-19: CBDT data

NEW DELHI: The number of crorepati taxpayers shot up 20 per cent to 97,689 during assessment year (AY) 2018-19, as per tax returns data released by the revenue department.

The number such individuals having taxable income of over Rs 1 crore stood at 81,344 during AY 2017-18.

The Central Board of Direct Taxes on Friday released time-series data updated up to fiscal year 2018-19 and income-distribution data for AY 2018-19 (fiscal year 2017-18).

The data includes income-distribution information of corporate, firms, Hindu Undivided Families (HUFs) and individuals. (AGENCIES)

 

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