Founder - Burn Inves... • 5m
Between 2014 and 2024, India’s GDP saw a major jump from about $2 trillion to $3.7 trillion, an increase of $1.7 trillion. In rupee terms, the GDP grew from ₹113 lakh crore to ₹294 lakh crore, adding ₹181 lakh crore over the decade. GDP per capita also improved significantly. In 2014, it was around $1,600. By 2024, it rose to roughly $2,600 an increase of over 60%. This shows that not only did the overall economy grow, but the average income per person also went up meaningfully. And let’s not forget, 2020-21 was hit by the COVID-19 pandemic a once in 100 years global event that caused economies worldwide, including India’s, to temporarily contract.
•
ADJUVA LEGAL® • 11d
Apple Crosses $4 Trillion Market Value, Equals India’s GDP Milestone After iPhone 17 Launch Boosts Stock By 15% https://www.freepressjournal.in/business/apple-crosses-4-trillion-market-value-equals-indias-gdp-milestone-after-iphone-17-launch-boosts-
See More
Chartered Accountant • 1y
Direct Tax collections for FY 2024-25 as of 17 September, 2024 Net Collections, YOY comparison Corporate Tax : ₹4.53 lakh crore, up 10.5% Personal Income Tax : ₹5.15 lakh crore, up 18.8% STT : ₹26,154 crore, up 96% Other Taxes : ₹1,812 crore, up
See MoreDownload the medial app to read full posts, comements and news.