The rich are getting richer and the poor are becoming poorer. Unequal distribution of wealth or income inequality have never been this true.
The Central Board Of Direct Taxes (CBDT) revealed on Monday that the number of taxpayers earning more than Rs 10 million or one crore per annum had grown to 1,40,000 or by 60 per cent in the last four years.
The number of individual taxpayers earning more than Rs 1 crore annually had seen a growth of about 68 per cent, Press Trust Of India reported.
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