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With 99 percent filing of income tax returns for the financial year 2022-23, several important data are now out. Mainly, after the corona virus, many people have shifted to many companies and the salary of most of them has reached the peak.
Over 2.69 lakh people have filed income tax returns for income above Rs 1 crore in the financial year 2022-23, which is a 49.4 per cent increase compared to the pre-coronavirus 2018-19.
Salary more than 1 crore.. so many people..? Action report released by IT department..!
According to the Income Tax department's e-filing data, 2.69 lakh income tax returns were filed in the 2022-23 financial year, earning more than Rs 1 crore. It is 1.93 lakh in FY 2021-22 and 1.80 lakh in FY 2018-19.
At the same time, the number of income tax returns filed by people with income up to Rs 5 lakh has increased by only 1.4 per cent. In this category, the number of returnees with income up to Rs 5 lakh was 4.97 crore in FY 2022-23, 4.75 crore in FY 2021-22 and 5.68 crore in FY 2020-21.
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State-wise, about 1.12 crore people filed income tax returns from Maharashtra, 75.72 lakh from Uttar Pradesh, 75.62 lakh from gujarat and 50.88 lakh from Rajasthan.
Of this, the number of those who filed as having income of more than one crore rupees is 0.3 percent. In the same total income tax return, the proportion of people with income less than 5 lakhs is 72.6 percent.