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Only 61 individuals declared gross income of Rs 100 cr in AY 2017-18

There has been a steady rise in the number of individuals disclosing total income of more than Rs 100 crore in their tax returns. While 61 individuals declared an income of more than Rs 100 crore during assessment year 2017-18, the corresponding number during assessment year 2016-17 stood at 38. The number of individuals disclosing a gross total income of more than Rs 100 crore in assessment year 2014-15 was 24.


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