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Siddharth K Nair

Thatmoonemojiguy 🌝 • 2m

How Many Indians Actually Earn Over ₹1 Crore a Year? The Number Might Shock You. 💬 With a population of over 140 crore, you'd expect lakhs of crore plus earners in India. But the real number is surprisingly low. What does this say about income ineq

Tarun Suthar
•

The Institute of Chartered Accountants of India • 2m

What's the source of Data?

1 Reply

Replies (1)

Siddharth K Nair

Thatmoonemojiguy 🌝 • 2m

The map's numbers appear to stem from income tax return filings for AY 2023–24 (reflecting FY 2022–23), claiming to show how many crorepati earners declared ₹1 crore+ by state. While widely shared across social media, there's no official government source or raw dataset backing the state-level breakdown directly. TaxConcept, a finance blog, seems to be one of the most authoritative references repeating this data.

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