Being in top 5% or 10%, I feel blessed.
Recently I came across a report in ToI that said earning 80 K per month puts you at top 4% in India. Assuming that the stats is true, do you feel contended with what you earn?
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So, you belong to a group of 6 crore people. Congrats.
the population metric omggggg lol
Way to make someone feel shitty 😑. Outside of metro cities 70k is very good money.
Just imagine, even after being in top 4% of the country … we have to think thrice before buying a house or a car!
Its because the wealth is very unequally divided in this country. So a very small % of individuals have very large piece of that 4% pie. (and also thousands of rich don’t file ITR)
That’s why even after being in top 4%, it doesn’t make any significant difference.
Sadly with greater income, some lifestyle upgrades take place which sometimes put us into lower percentile 😕
Correction. It's actually 67 K per month or 8 lacs per annum earning puts you at top 4%.
Bhai population dekho India ki, 4% is still a huge number
Bro the local Momo-guy in Bengaluru makes ₹1L/m in profits tax free and then there are so many such momo/golgappa/paratha/idli places. 😆
Which report? Share link
@SeriousProcastinator Here you go. https://timesofindia.indiatimes.com/india/100-million-indians-to-be-affluent-by-2027-report/articleshow/106790912.cms?from=mdr
I'd say ignore the negative comments. People can't be happy themselves, won't let others be happy either.
The actual percentage would be ~10%. Many hide their income. You can assume 4% in India earn 20 lac per annum easily. And 2% above 30 lac per annum.