Being in top 5% or 10%, I feel blessed.

So, you belong to a group of 6 crore people. Congrats.

I believe this report is based on ITRs. Actual % could be much higher

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%.

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.

Bhai population dekho India ki, 4% is still a huge number

Which report? Share link

I'd say ignore the negative comments. People can't be happy themselves, won't let others be happy either.

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. 😆

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.

I also learnt that if your annual income is in between 5L to 30L then you're considered as middle class.

Go around your place and ask shopkeepers about their ITRs, you will know why you are in top x%

This is based on ITR. Actual number would be atleast 15-20%.

https://timesofindia.indiatimes.com/india/100-million-indians-to-be-affluent-by-2027-report/articleshow/106790912.cms?from=mdr