The Economic Times

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.