TAX Reality 2000 - 2025

The income tax exemption limit in India has seen a remarkable rise over the years with a great decrease in Inflation rate after 2014:

▪️ 2000: ₹50,000 (67% increase, 72% inflation, 6% GDP growth) ▪️ 2005: ₹1 lakh (100% increase, 27% inflation, 9% GDP growth) ▪️ 2012: ₹2 lakh (100% increase, 55% inflation, 6% GDP growth) ▪️ 2014: ₹2.5 lakh (25% increase, 15% inflation, 7% GDP growth, raised by 25% under the NDA government) ▪️ 2019: ₹5 lakh (100% increase, 18% inflation, 6% GDP growth, introduction of the new tax regime) ▪️ 2023: ₹7 lakh (40% increase, 14% inflation, 5.65% GDP growth, rebate increase) ▪️ 2025: ₹12 lakh (71% increase, 9% inflation, 7% GDP growth, highest exemption hike)

I was wondering how educated people forget the word "INFLATION"