76% of young taxpayers now submit complex tax returns: Report
Almost 76% of taxpayers under the age of 25 now submit complex income tax returns, rising from 14% in AY 2022-23, according to data from ClearTax. For the first time, taxpayers with only salary income have become a minority, with their proportion dropping to 42% from 82%. This change highlights a significant increase in individuals reporting income from investments and other sources.
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