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Income disparity in India has declined 74.2% since FY14, reveals SBI study

By Economic Times - 4 weeks ago
The SBI report has shown a 74.2% decline in income disparity for individuals earning up to Rs 5 lakh annually between FY14 and FY23, attributing this to government efforts. It also noted significant growth in ITR filing and a rise in direct taxes, reflecting better tax compliance.

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