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Marginal dip in billionaire count

The number of richest people, each with over Rs100cr gross total income, in India declines to 136 in FY21 from 141 in FY20

Marginal dip in billionaire count
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Marginal dip in billionaire count

The number of billionaires in India came down to 136 in 2020-21 from 141 in 2019-20, based on the gross total income declared in the income tax return, Finance Minister Nirmala Sitharaman informed Parliament on Tuesday.

The number of individuals disclosing a gross total income of more than Rs 100 crore (one billion rupees) in a year in his/her return of income filed with the Income Tax Department during 2018-19 stood at 77, she said in a reply to the Rajya Sabha.

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