More 'lakhpatis' in Bengaluru than anywhere else, Karnataka tops rankings

Karnataka leads India with over 20% of its income tax filers earning at least ₹1 lakh monthly, placing them in the ₹12-50 lakh annual income bracket. Telangana and Jharkhand closely follow, with Tamil Nadu and Delhi also among the top five states with high-income taxpayers. Gujarat has the lowest proportion, potentially indicating a broader tax base across various income levels.

from Times of India https://ift.tt/fIpXjVT