A year ago, that number was 415…
What’s even more striking is that the number of ₹100 crore+ income earners has grown 300% in just five years.
Is this a sign of faster wealth creation driven by strong businesses and a booming stock market? or are better tax reporting and compliance making the numbers more visible than before?
Either way, it’s a fascinating trend and one worth keeping an eye on.
What’s driving this change the most in your opinion?