India's tally of crorepatis at 131,000 as 6,000 new ones added in FY22

There was also a significant rise in number of people who declared their income between Rs 10 lakh and Rs 1 crore, data from the Finance Ministry showed

India witnessed a rise in the number of millionaires in FY22 as nearly 131,000 people showed their total income above Rs 1 crore, a report stated on Wednesday. This number was at around 125,000 a year earlier. 

There was also a significant rise in the number of people who declared their income between Rs 10 lakh and Rs 1 crore, data from the Finance Ministry showed. 

Pankaj Chaudhary, Minister of State in the Finance Ministry, in a written response in the Rajya Sabha presented a summary of tax filers whose gross income was between Rs 10 lakh and Rs 1