Over 500 taxpayers disclosed incomes above ₹100 crore for FY 2024-25, reflecting significant growth among the super-rich and a transparent tax system. This indicates progress in tax administration and the reasonableness of the tax structure, encouraging wealth creation without excessive tax stress. Increased tax filings, alongside economic formalization and capital access, are key drivers. While many still pay no tax, rising incomes are moving more into the taxable range, reinforcing the system's progressiveness. Real wage growth is crucial for broadening India's tax net, ensuring the economic base is as strong as the tip.