About 5.6 million individuals in the nation allegedly procure over Rs 10 lakh yearly, as per 2018-’19 personal duty information from the Ministry of Finance. Of these, less than 100,000 acquire over Rs 1 crore.
The numbers get increasingly more infinitesimal as you move up the stepping stool. Just 77 make over Rs 100 crore. What’s more, an insignificant three individuals made Rs 500 crore, or around $70 million, in the year. By correlation, 205 Americans made over $50 million a year ago. On the other hand, the disparity is not really astounding thinking about that the US’s per capita pay of $62,641 is more than multiple times higher than India’s $2,016.
Shockingly, India’s most extravagant man is likely not in the top band. Business financier Mukesh Ambani, administrator, overseeing executive, and the biggest investor of Reliance Industries has topped his yearly compensation at Rs 15 crore for a long time now.
The national cricket crew chief and India’s most generously compensated sportsperson, Virat Kohli, earned $25 million, which is still under Rs 200 crore. Bollywood on-screen character Akshay Kumar verged on breaking the limit at $65 million, or Rs 462 crore.
Yet, at that point, who are the individuals procuring upwards of Rs 500 crore? That remaining parts a riddle.
Then, regardless of a bunch of individuals winning extreme sums, a greater part of the individuals – more than 14 million of them – documented government forms in the Rs 2.5 lakh to Rs 3 lakh level of pay.