Indian Tax Filings Show Rise in High Earners and Diversified Income Sources
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Indian Tax Filings Show Rise in High Earners and Diversified Income Sources

A recent report indicates a significant increase in India's high-income salaried class, with the share of those earning over Rs 30 lakh annually rising to 23.34% in 2025. This growth reflects upward mobility and a shift towards diversified income streams beyond salaries, as evidenced by a surge in ITR-2 and ITR-3 filings for investments and business income. Young Indians, particularly those aged 25-35, are increasingly entering the tax system with an investor mindset, often including capital gains and virtual digital assets in their filings.

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