India is 5th largest economy in the world
But why India's Nomial per capita income Ranking stands at 136th place
What's the problem
2 replies5 likes
Vishu Bheda
Transforming vision ... • 11m
Why do you think guys that israel despite its small size ,has the highest number of startups per capita globally ?
Also ,israel is included in many wars and all the countries with which israel share border are israel enemies.
4 replies7 likes
Armaan Nath
Founder's Office | P... • 11m
Unfiltered thoughts (5/5)
There are 3 types of India:
India-1
~Population of 110 Mn
~Per capita income of $10k
~Buys from Flipkart, watch Netflix, drink Starbucks coffee
~Contributes to 40% of India GDP
~Fluent with English
~35Mn credit card users
Internet speed at NASA - 91GB per second
And this means that at this speed you could download all seasons of all your favorite TV shows in 1 second in the highest resolution.
By the end of this decade, we would see a major shift in the way income is distributed over Indian households due to rise in per capita incomes.
What's interesting is that the Elite group will have the highest growth of 2.3x over this period!
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What to do at this situation when you are feeling like all directionless...no plans....no progress... no ways! Like totally losted,aimless,alone!'-:
30 replies12 likes
Aarihant Aaryan
Prev- Founder & CEO ... • 1y
India with a population of 1.4 Billion has more than 54% of teens and youth.
India has a working population of 500M - we are still exam-driven not skill-driven.
Even with all government reforms, India is the most challenging country to build a busi
Financial knowledge
Indian Tax slabs
Income tax slabs categorize taxpayers based on their annual income, determining the applicable tax rates. Here's a breakdown:
1. Nil Tax: Annual income up to ₹2.5 lakh for individuals below 60 years.
2. 5% Tax: I