{"id":5685,"date":"2026-07-27T15:53:57","date_gmt":"2026-07-27T15:53:57","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=5685"},"modified":"2026-07-27T15:53:57","modified_gmt":"2026-07-27T15:53:57","slug":"rs-100-crore-club-gets-bigger-number-of-nine-figure-income-filers-quadruples-in-five-years","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=5685","title":{"rendered":"Rs 100 crore club gets bigger: Number of nine-figure income filers quadruples in five years"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-132665544,imgsize-1603596,width-400,height-225,resizemode-4\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg\" alt=\"Rs 100 crore club gets bigger: Number of nine-figure income filers quadruples in five years\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>India&#8217;s Rs 100 crore income club is no longer as exclusive as it once was. <span class=\"id-r-component br\" data-pos=\"1\"\/>More people are reporting nine-figure incomes in their tax returns, with the number rising to 576 in the 2025-26 assessment year, four times the count recorded five years ago, according to data shared by the government in Parliament on Monday.<span class=\"id-r-component br\" data-pos=\"4\"\/>The figures were provided by minister of state for finance Pankaj Chaudhary in a written reply in the Lok Sabha after he was asked whether the government had taken note of the growing number of billionaires in the country and India&#8217;s standing among leading nations in this regard.<span class=\"id-r-component br\" data-pos=\"6\"\/>In his reply, Chaudhary said that there is no statutory definition of the term &#8220;billionaire&#8221; under either the Income-tax Act, 2025 or the erstwhile Income-tax Act, 1961. <!-- -->Instead, the government shared data on individuals who reported a gross total income of Rs 100 crore or more in their income tax returns.<span class=\"id-r-component br\" data-pos=\"11\"\/>The number of such taxpayers has steadily grown over the past five assessment years. It stood at 142 in AY 2021-22, rose to 301 in AY 2022-23, dipped to 284 in AY 2023-24, increased to 415 in AY 2024-25 and reached 576 in AY 2025-26.<span class=\"id-r-component br\" data-pos=\"14\"\/>Chaudhary also replied to a question on whether the government had carried out any study on the impact of increasing concentration of income and wealth on income inequality, investment, employment generation and inclusive economic growth.<span class=\"id-r-component br\" data-pos=\"17\"\/>Referring to the Annual Periodic Labour Force Survey (PLFS), the minister said that labour markets had recovered beyond pre-Covid levels in both urban and rural areas.<span class=\"id-r-component br\" data-pos=\"19\"\/>He added that the unemployment rate for people aged 15 years and above fell from 3.6% in 2022 to 3.1% in 2025.<span class=\"id-r-component br\" data-pos=\"21\"\/>&#8220;The government has taken several measures to reduce income and wealth inequality, promote broad-based employment generation and foster inclusive economic growth, which include a progressive Income-tax structure and increased spending on food, health, education, housing and social security,&#8221; the minister said.<span class=\"id-r-component br\" data-pos=\"23\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/rs-100-crore-club-gets-bigger-number-of-nine-figure-income-filers-quadruples-in-five-years\/articleshow\/132665376.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s Rs 100 crore income club is no longer as exclusive as it once was. More people are reporting nine-figure incomes in their tax returns, with the number rising to 576 in the 2025-26 assessment year, four times the count recorded five years ago, according to data shared by the government in Parliament on Monday.The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-5685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"India&#8217;s Rs 100 crore income club is no longer as exclusive as it once was. More people are reporting nine-figure incomes in their tax returns, with the number rising to 576 in the 2025-26 assessment year, four times the count recorded five years ago, according to data shared by the government in Parliament on Monday.The [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36"],"magazineBlocksPostViewCount":1,"magazineBlocksPostReadTime":2,"magazine_blocks_featured_image_url":{"full":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg",400,225,false],"medium":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg",300,169,false],"thumbnail":["https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/07\/number-of-nine-figure-income-filers-quadruples-in-five-years.jpg",150,84,false]},"magazine_blocks_author":{"display_name":"admin","author_link":"https:\/\/koshalsambada.in\/author\/admin"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-31\">\u0b26\u0b47\u0b36 \u0b2c\u0b3f\u0b26\u0b47\u0b36<\/a>","_links":{"self":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/5685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5685"}],"version-history":[{"count":0,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/posts\/5685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=\/wp\/v2\/media\/5686"}],"wp:attachment":[{"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koshalsambada.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}