Number of billionaires grows 4-fold in five years to 576 in AY'26: Income tax return data
- Posted on July 27, 2026
- By Business News Today
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- 1 min read
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Number of billionaires grows 4-fold in five years to 576 in AY'26: Income tax return data
Five hundred seventy-six individuals reported over Rs 100 crore income in 2025-26. This figure shows a fourfold increase from the previous five years. The number of high-income earners rose significantly after a dip in 2024. Labour markets have recovered beyond pre-COVID levels, reducing unemployment. Government measures aim to reduce inequality and foster inclusive economic growth.
