If you earn more than 50 lacs a year you’re in the top 0.3% of India.Above 25 lacs, you’re in the top 1.2% of India.Only 3.2% of Indians earn above 15 lacs a year.Wealth is so unevenly distributed.Update: As a lot of people have mentioned in the comments, this data is only for salary income. Not other sources of income. Just thought I'd clarify it in the main post itself :)
Only Salary income is always this list, Chai wala, Pani puri, wadapav wale earn like this 50rs per plate and 100customers per day means 18lpa per annum they are in remaing 70% public who don't file any ITR or show any profit.. it's Salaried person who pay tax genuinely.
Vice President II - Technology & Business Planning(IIM Alumni, PMP®, SAFe5®, CSPO®, CISI®)
2mo
I know people who have acres of agricultural land and each acre cost and earns crores of INR still that person will be an autorickshaw driver, cab driver, have road side tea/snacks shop and wherever corporation comes and removes such roadside shop same person will join protest against the govt stating that they are poor people and are affected the most...Reality is "In India salaried class people are the only poorest people" they have no rights, no benefits nothing but different types of bank loans...😜😜😜
Exadata/ZDLRA DMA and architect, Oracle DBA, Sysadmin, Linux admin
2mo
Please don't confuse wealth and income leading to legitimising high taxes ,there are many who engineers and mbas who are first generation and buy their splendor bike after working 1-2 year ,they may pay tax but may not be wealthy at all coming from humble background with no generational wealth, you can talk about wealth inequality after getting similar data on assets but not with income distribution data which is misleading
The worst Excel average salary is shown in INR so the maximum average salary is 12831.77 INR.Earn satisfaction in what you do and you earn more than the highest paid person on earth without any tax cut.
Accounts Manager at Krones India Pvt.Ltd.
4y
All salaried ar e forced to be in this list :)
Now a days even a samosa guy earns in lakhs. Yesterday I was having pani puri and realised that he does a daily business of 7k to 10 k. Which means, he has earnings of 12 L per year. Only difference is, his entire family is involved
Unevenly reported as well!
The idea you talk about "wealth unevenly distributed" is a primary talking point for socialism. And it's not exactly the doing of government or any authoritarian entity. It's simply how market runs, if I have enough skills to jump the chart no one can stop me. It's the mind set. Rather then looking into this report from a point of socialism. We could look into it and take a challenge to jump our ranks by *insert duration*Just saying.
Sr.Test Automation Lead at Zensar| ex.Test Manager at TCS |CSM Certified ScrumMaster |SAFe® 6.0 (Scaled Agile) | Selenium, BDD | PROTRACTOR, CYPRESS,REST ASSURED|TEAM MANAGEMENT|AGILE|
4y
This is not correct. 1st : it is only showing data of personal income tax pay holder, mostly reachest people holds company, trust and combined entity pay tax in distributed way to gain maximun tax benefits, 2nd NRI , on working or short term visa not pay tax in India , 3rd : tax applied after all deduction actual earnings is much more and deduction apply on that to pay tax. 4th: family inheritance income is not considering here which is much much more.
Where are you pulling this data from? This does not seem right
To view or add a comment, sign in
More Relevant Posts
-
Too many events, too many campaigns to think ..?If you’re also stuck in this loophole,We’ve got a cheat code for you🤫Xeno’s Ultimate Marketing Calendar 2024 is the answer to all your questions!Find the best strategies for each industry, event details & festivals,ALL IN ONE PLACE!📍 #Marketing #Calendar #Retail #Strategy
💡A calendar trusted by 10,000 marketers
Pranav Ahuja on LinkedIn
To view or add a comment, sign in
-
Are the 2024 predictions in already?But what about the predictions made at the beginning of this year?Marketers hyped up key trends and predictions as usual at the beginning of 2023. But how many of these were actually true? Let's find out ⬇️
💡5 Retail Trends That FLOPPED in 2023
Pranav Ahuja on LinkedIn
To view or add a comment, sign in
-
Beyond excited to team up with Being Human Clothing for their biggest sale of the year🚀Being Human is celebrating Salman Khan's birthday and Christmas with discounts of up to 50% and more, attracting a large number of customers & generating massive sales.And guess what? Every purchase gets redeemed using Xeno!The team has been working extremely hard behind the scenes to make this partnership a huge success & I am thrilled to see it come to life.This one is one for the books!✨
To view or add a comment, sign in
-
Rewards, discounts, exclusive access – who doesn't want that? But in today's cluttered market, bombarded with shiny new programs claiming the world, a question arises: do we really need another one?Well, your customers' lives will go on without it. So should you take the plunge or not? Let's find out in today's Xeno Pulse edition..
💡You don't need a Loyalty Program
Pranav Ahuja on LinkedIn
To view or add a comment, sign in
-
Marketer, what's REALLY holding you back from personalizing your marketing?Stop making excuses right now!!Your customers will thank you, your bottom line will thank you, and you'll be ahead of the curve.Unless, of course, if you don’t want that then keep scrolling. Toodles
To view or add a comment, sign in
-
Netflix’s latest film, The Archies has created a storm on the Internet with its incredible marketing campaigns.. They have truly hit a jackpot with all the brand collaborations and partnerships. And it has left everyone feeling all kinds of nostalgia... What better way to celebrate than decoding strategies that you can use this month to woo your customers but with a Riverdale twist?Check out this week's Xeno Pulse edition to relive some of that nostalgia and get cracking on some foolproof strategies to steer up your sales this December🚀
💡Winter Marketing: Archie's Edition
Pranav Ahuja on LinkedIn
To view or add a comment, sign in
-
What happens when 'The Office' meet Xeno's Next-Gen Offer Management?To all The Office fans out there, check out this extremely funny take on The Office. It's definitely a one-of-a-kind product explanation!Let me know in the comments what you think about this new take.
💡Offer Management: The Office Edition!
Pranav Ahuja on LinkedIn
To view or add a comment, sign in
-
Last week, we made a big announcement and, if you missed the memo, here's the lowdown:Xeno is not (just) a CRM anymore👀What's changed now? Check out this week's edition to know more..
💡Breaking: Xeno's Evolving
Pranav Ahuja on LinkedIn
To view or add a comment, sign in
