Over 86 million income tax returns were filed in India in the assessment year 2024. There were over 44 million taxpayers in the income group of 250 thousand to 500 thousand Indian rupees, the highest across all other income categories.
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Number of income taxpayers across India in assessment year 2024, by income range
(in millions)
The assessment year (AY) is the year that comes after the financial year (FY). It is the period when the income earned during FY is assessed and taxed. Both FY and AY start on 1 April and end on 31 March. For instance, for FY 2023-24, the assessment year is AY 2024-25.
One Indian rupee equals 0.011 euros and 0.011 dollars (as of Jan 2025). Values have been rounded for clarity.
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SBI. (October 10, 2024). Number of income taxpayers across India in assessment year 2024, by income range (in millions) [Graph]. In Statista. Retrieved June 13, 2025, from https://www.statista.com/statistics/684340/number-of-income-tax-payers-india/
SBI. "Number of income taxpayers across India in assessment year 2024, by income range (in millions)." Chart. October 10, 2024. Statista. Accessed June 13, 2025. https://www.statista.com/statistics/684340/number-of-income-tax-payers-india/
SBI. (2024). Number of income taxpayers across India in assessment year 2024, by income range (in millions). Statista. Statista Inc.. Accessed: June 13, 2025. https://www.statista.com/statistics/684340/number-of-income-tax-payers-india/
SBI. "Number of Income Taxpayers across India in Assessment Year 2024, by Income Range (in Millions)." Statista, Statista Inc., 10 Oct 2024, https://www.statista.com/statistics/684340/number-of-income-tax-payers-india/
SBI, Number of income taxpayers across India in assessment year 2024, by income range (in millions) Statista, https://www.statista.com/statistics/684340/number-of-income-tax-payers-india/ (last visited June 13, 2025)
Number of income taxpayers across India in assessment year 2024, by income range (in millions) [Graph], SBI, October 10, 2024. [Online]. Available: https://www.statista.com/statistics/684340/number-of-income-tax-payers-india/
