Number of 'crorepatis' in assessment year 2015-16 grew 23.5%
Individuals with over â¹1 crore of declared income rose 23.5% to 59,830 in tax assessment year 2015-16, according to data released by Income Tax Department. These individuals had a cumulative income of â¹1.54 lakh crore in the same period. Only one person had an income of over â¹500 crore and his total income was â¹721 crore in the same year.