How many crorepatis in india




















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Infosys had 74 crorepatis in fiscal, no promotion for leaders Infosys had 74 employees in its crorepati club in , up from 64 in the year before. The department tracked people who had deposited large sums in the banks and followed them up. The share of direct tax in total tax revenues has surpassed that of indirect tax. The average tax paid by corporate taxpayers also increased from Rs Subscribe on YouTube.

The category of professionals comprise doctors, lawyers, tax consultants, etc who do not get salary on which tax can be deducted at source.

The income-tax law also facilitates presumptive taxation for professionals who earn up to Rs 50 lakh per annum wherein they can pay tax on only half of their annual gross income. During her Budget speech, Finance Minister Nirmala Sitharaman had announced "a new and simplified personal tax regime" with revised income tax slabs and tax rates.

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