Jamshedpur 25 July 2018: Jamshedpur economy is growing rapidly and so the list of billionaires and multi- millionaires in the city.
Now Jamshedpur is also contributing toward the billionaire of India.
In the last two years, 3 new Billionaires, 25 new Multi Millionaires and 4,500 new Millionaires contributed towards the economical growth of the city.
As per the Income Tax department these new billionaires and multi millionaires will contribute in driving the economy of the city towards a new benchmark.
The list below shows the billionaire and millionaire in the city before and after 2016
|Above 10 Crore||5||8|
|1- 10 Crore||140||165|
|50 Lakh – 1 Crore||390||574|
|40 Lakh – 50 Lakh||309||421|
|30 Lakh – 40 Lakh||720||876|
|20 Lakh – 30 Lakh||1915||2290|
|10 Lakh – 20 Lakh||10312||12044|
|5 Lakh – 10 Lakh||32706||37262|
|2.5 Lakh – 5 Lakh||141742||145398|
As per the Income Tax department a significant rise was seen in the earning of people in Jamshedpur in the last two years mostly in the category of “5 Lakh – 10 Lakh”.
With these new billionaires and multi millionaires the total tax collection will also grow and will impact the economy of the city thus creating more billionaires and multi- millionaires in the city .