MagicalSushi

Earning 50LPA makes you top 1%, seriously?

So many people with multiple houses, high end cars.. when they mention such statistics are they even considering total wealth or inheritance?

5mo ago

1.7Kviews

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SwirlyRaccoon

Think of it from numbers: you will be on top 1.5 crores. And that's a lot.

FluffyCupcake

Earnings & NW are different. Official earnings of an MP won’t exceed 50L/annum but none of them have less than 100s of crores.

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Curated from across

by ZippyMochiStealth

Harsh truths and reality checks

1.6K

Comments

Middle class is not determined by income alone. But so called intellectuals tend to deliberately misunderstand it to ...

Bhai agar 60 lakh kamakar bhi ghar afford nhi kar pa rahe ho to rich kaise ho gaye?

by ZestyQuokkaStealth

I definitely should earn 53LPA!

15K

Comments

This is considering only the income not the Net Worth or Business/Farming incomes which generally are not recorded as...

Damm! I have not even in top 10% .

A "consultant" who doesn't understand charts. Indian education system.

by SqueakyPickleGoogle

In a country of 140 crore people, only 6.77 crore file taxes, out of which only 20 lakh people pay taxes with income over 20 lakh.

The income tax data collected shows only 1.7 lakh people reporting income of more than Rs 1 crore in a y...

Comments

You should outsource the conclusions to coming-AGI. What made you think only income is needed to buy a car? Hear...

EMI bhi kuch hota hai. And not everyone is buying those high end cars.

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