Nine-year shift: Taxpayers’ income distribution less tilted to super-rich

The distribution of gross income among individual taxpayers has become slightly less skewed towards the super-rich, compared to the bottom and middle groups of taxpayers, over a period of nine years, according to data released by the Central Board of Direct Taxes (CBDT). ).

According to the data, the gross total income of the top 1 percent of individual taxpayers (the super-rich) as a percentage of the total income of all individual taxpayers fell from 15.9 percent in the 2013-2014 tax year to