Question: Is 1 lakh a good salary in India Quora?

1 lakh is not a small amount of money but it entirely depends on your lifestyle. If you try to live a high end lifestyle, spending more than 80% of your income living that life, then 1 lakh will seem less.

Is 1 lakh salary enough in Mumbai Quora?

No no . 1 lakh per month is not enough even 1 cr May not be enough . Everything up to you, what lifestyle you want to live . I can see many people earn ten k and live in Mumbai.

Is 25 lakhs a good salary in India?

Every fresher coming to search for a job mostly gets paid among 4 to 5 lakhs per annum in India except NIT and IIT grads who generally get paid 7 to 8 lakhs per annum. But after almost 5 to 6 years of experience and with skills a person in India can get 25 lakhs to 30 lakhs per annum.

Is 25000 a good salary in India Quora?

Now for salaried person staying at home in Metro I would say 25–30000 is more than enough. But if you’re married then make it double or 2.5 times if you want good married life and proper education for children. Similarly if you live in tier 2 or 3 then 2/3 of this salary is ok to live a good life.

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Is 80000 a good salary in India?

The answer to your question is 70k/ month after tax. Its just the average. in rural 40k will do, in mumbai 90k will . 80k in bangalore,delhi.

What is good salary in Mumbai?

A person working in Mumbai typically earns around 36,600 INR per month. Salaries range from 9,260 INR (lowest average) to 163,000 INR (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.

Is 100000 rupees a good salary?

100,000 is enough for family to live with luxury. you can save around 20-30,000.

How much money is rich in India?

According to Hurun, there are 412,000 dollar-millionaire households / affluent households in India with a networth of at least Rs 7 crore. Hurun Rich Listers have a wealth of Rs 1,000 crore, the report says, and pegs the number of such cumulative households in India at 3,000.

In which job has highest salary in India?

List of Highest Paying Jobs In India

  • Business Management. Business Management or Business analysts are the highest paying jobs in India. …
  • Doctors. …
  • Air Hostess Or Cabin Crew. …
  • Chartered Accountants. …
  • Commercial Pilot. …
  • Aeronautical engineer. …
  • Actor. …
  • Company Secretary.

Can engineers earn in crores?

IIT graduates are fetching 137% higher remuneration package when compared to those of an average engineer. The highest salary remuneration for a Computer Science Engineering Graduate may exceed Rs. … 1 crore and above, whereas a software engineer at Apple is rewarded with a whopping salary of Rs. 2 crore.

Is 20000 a good salary in India?

With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city. Three experts do the math for you keeping in mind the costs of living in 3 cities. With a combined income of Rs 20,000 a month, a couple can still lead a decent life in any Indian city.

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Is 50k a good salary in India?

India is a poor country with very low per capita income. So in general, it is a very good salary. You can fulfil all your goals in life with a starting salary of Rs. 50,000.

Why are salaries so low in India?

Salaries in India are lower than in developed nations, because the cost of living in India is low. That in turn is because the cost of goods & services in India is much lower than in developed nations. That in turn is because in absolute dollar terms, per capita Indian consumption is much lower than developed nations.

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