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Isha Agarwal

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India is witnessing a significant rise in high-income earners, with more taxpayers crossing the ₹1 crore annual income mark than ever before. According to the Mercedes-Benz Hurun India Wealth Report 2025, the number of individuals filing income tax returns (ITRs) with incomes above ₹1 crore has almost tripled between 2018 and 2024.

Hurun Wealth Report 2025: How Many Indians Earn Over ₹1 Crore?

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