Bengaluru, a lakhpati hub: Karnataka beats all states to top taxpayer charts
Published on: Aug. 22, 2025, 1:34 p.m. | Source: Economic Times
Karnataka leads India with the highest percentage of taxpayers earning between ₹12 lakh and ₹50 lakh annually. Bengaluru's thriving IT, startup, and financial sectors are key drivers. Telangana and Jharkhand follow closely behind. The Ministry of Finance shared the data in the Lok Sabha. Gujarat is at the bottom, possibly due to a larger tax base.
