BusinessPhoto: News18 BusinessIndians Increasingly Diversify Income Beyond Salaries: ClearTax Report
A ClearTax report reveals that Indians are diversifying income sources beyond traditional salaries, with more earning from side hustles, freelancing, trading, and business ventures. In Assessment Year 2026-27, 62% of ClearTax filings were non-ITR-1, up from 40% in 2024-25. Nearly 47% reported income from investments or business, a rise from 9.5% in 2022-23, showing growing income diversification.
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