ZestyQuokka

Hinge

When Grapevine says 1% of India's Top professionals, does that mean I should earn 53LPA 🥹

I definitely should earn 53LPA!

15mo ago

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BubblyDumpling

IBM15mo

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

ZestyQuokka

Hinge15mo

Care to explain higher lord?

BubblyDumpling

IBM15mo

I don't think you're teachable

SqueakyPickle

Google15mo

20 lakh is threshold income for entering in top 1% . 53 lakh is average income of all those people who are in top 1%

ZestyQuokka

Hinge15mo

If I earn 20LPA from salary, I will be 1%?

SqueakyPickle

Google15mo

Yes.... Income wise, you would be in top 1% if you earn rs 20.74 lakh to be precise...

However wealth wise, you need to have total accumulated wealth of rs. 81.6 lakh to be in top 1% .

FloatingRaccoon

TCS15mo

Damm! I have not even in top 10% .

SnoozyJellybean

Stealth15mo

Top 0.001% = 1.5 lakhs have annual income of more than 50 crore. Now, let that sink in before you post bragging about your 1 crore milestone everywhere

ZestyQuokka

Hinge15mo

1 cr is nothing in today's world 🥲

GroovyBoba

X (formerly Twitter)15mo

Dam 1% is really poor in this country.

ZestyQuokka

Hinge15mo

Well this is just "income", not the income that money generates further. Which must be multi folds

GroovyPretzel

PhonePe15mo

Try offering consultations to people who want to increase their 🍇 and I bet you can become top 0.00001% too.

ZestyQuokka

Hinge15mo

Ambani ko bhi Cross 😂😂

WigglyMuffin

Stealth15mo

Haha it doesn't feel to be in top 1% in India rn for me.

GigglyPretzel

Tide15mo

Is this pre tax or post tax?

ZestyQuokka

Hinge15mo

Good question, though it is not mentioned
Should be post tax that way numbers can be compared. The poorest aren't paying taxes so doesn't make sense if it is pre tax