Indians Shift to Multi-Source Income: ClearTax Report Reveals Diversified Earnings in 2025

• ClearTax's 2025 ITR filing report shows a significant shift from salary-based income to diversified earnings, including business, trading, investments, and digital assets.
• ITR-3 filings (business/trading) surged by 45.4%, and ITR-2 filings (capital gains/investments) increased by 17% year-on-year.
• Millennials (25-35 age group) are driving this trend, accounting for 42.3% of ITR-3 filers, showing high engagement with diversified income streams.
• Gen Z (under 25) shows early investment adoption with an 18% rise in ITR-2 filings, reporting investment income alongside salaries.
• Virtual Digital Asset (VDA) filers, predominantly men aged 25-35, integrate crypto into broader financial portfolios, with nearly 40% also filing ITR-3.

Why It Matters: Indians are rapidly diversifying income beyond salaries, with younger generations leading the shift towards multi-source earnings.