New Delhi, Nov 3 (UNI) India is witnessing a steady rise in the number of individuals reporting high

New Delhi, Nov 3 (UNI) India is witnessing a steady rise in the number of individuals reporting higher annual incomes, with the proportion of self-filers declaring gross income of more than Rs 50 lakh nearly doubling over the past three assessment years, according to a report by ClearTax. The share of taxpayers in this income category climbed to 8% in Assessment Year (AY) 2026-27, compared with 4.5% in AY 2023-24. The proportion stood at 5.6% in AY 2024-25 and rose further to 7.3% in AY 2025-26, indicating an expanding pool of high-income earners. The trend is also evident across the…