BackInequality among salary earners
As the chart shows, the top 0.2%, those with annual income over Rs1 crore, get 6.1% of the total income from salaries
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The top 2.5% of salaried people get over a fifth of total income from salaries in India. As the chart shows, the top 0.2%, those with annual income over ₹ 1 crore, get 6.1% of the total income from salaries. The data has been taken from the income tax assessment statistics, for assessment year 2012-13.
The top 9.3% of salaried individuals—those with income above ₹ 20 lakh a year—get as much as 37.7% of the total income from salaries. The top 27.5% of the salaried population gets 61.7%, or almost two-thirds of total salaried income. In contrast, the bottom 31.7% get 9.1%. This doesn’t include those individuals filing zero salary income, which is a substantial number.
Note that the data is only for individuals’ salary income. Other sources of income for individuals include business income and capital gains.
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