India’s Super-Rich Pay Less than 1% of their Wealth in Taxes, Study Reveals
A new study reveals, using election, tax, and Forbes data, that India’s richest report surprisingly low incomes compared to their vast wealth, paying minimal taxes
By Kavi Priya - On April 15, 2025 10:17 pm - 3 mins read
A new study shows that the richest people in India pay very little income tax compared to much wealth they own. The study was done by Ram Singh, a professor at the Delhi School of Economics and a member of the RBI’s Monetary Policy Committee, which helps set interest rates in India. According to the…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc
