During the same period, the number of individual tax returns filed more than doubled, increasing from 30.3 million to over 75 million, according to recent data released by the tax department....
However, the proportion of salaried individuals decreased as income levels rose, suggesting a greater presence of business owners and professionals at higher income levels....
Notably, none of the 23 individuals who declared annual taxable income exceeding Rs 500 crore were salaried, while only 19 out
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2024-10-21 00:00:00.0