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Interesting facts on India's super-rich club

Last updated on: August 08, 2014 14:45 IST

Just 42,800 people in a country of 1.2 billion admit to earning taxable incomes of Rs 1 crore (Rs 10 million) or more, though India is fast emerging as a top performer in churning out millionaires and multimillionaires. 

About 31 million file tax returns.

A study by New World Wealth, a Johannesburg-based wealth consultancy firm, confirms India as home to a large number of dollar millionaires (10th) and dollar billionaires (8th) in the world.

Business Standard decodes the numbers behind the growing super-rich club in India, as claimed by recent studies.