Billionaires in India rise fourfold to 576 in five years in 2025-26: Income tax return data - A2Z Taxcorp LLP

The Parliament was informed on Monday that up to 576 persons reported gross total income of Rs 100 crore or more in their income tax returns for the 2025-26 assessment year, representing a four-fold increase over the previous five years. In response to a question on whether the government is aware that the number of billionaires in the country has significantly increased and that it is among the t…