Crorepati income tax return filers soar 5 times in 10 years; check who has to file ITR

ITR filing: The count of people declaring taxable earnings exceeding Rs 1 crore in their tax filings surged from 44,078 in the assessment year (AY) 2013-14 (financial year 2012-13) to nearly 2.3 lakh in AY2023-24 (FY2022-23), suggesting possibly increased incomes and better adherence to tax regulations.

from Tax-Wealth-Economic Times https://ift.tt/a0VyOH4