1. What is Income Percentile?

Income percentile indicates what percentage of the Indian population earns less than you. For example, if you're in the 80th percentile, you earn more than 80% of the population.

2. How Does the Calculator Work?

The calculator uses the latest income distribution data for India (2023-24) to determine your position in the national income hierarchy.

Where:

• \( Income \) — Annual income in Indian Rupees (INR)
• The lookup table is based on comprehensive income surveys and tax data

Explanation: The calculator compares your income against the complete income distribution of India's population.

3. Importance of Income Percentile

Details: Understanding your income percentile helps with financial planning, assessing economic mobility, and contextualizing your earnings within the national economy.

4. Using the Calculator

Tips: Enter your annual pre-tax income in INR. The calculator works best with accurate income figures and doesn't account for regional cost-of-living differences.

5. Frequently Asked Questions (FAQ)

Q1: What data sources are used?
A: The calculator uses government surveys, tax data, and economic research to model India's 2023-24 income distribution.

Q2: Does this include non-taxable income?
A: The percentile estimates include all income sources, whether taxable or not.

Q3: How often is the data updated?
A: The calculator uses the most recent available data (2023-24). New versions will be released as updated data becomes available.

Q4: Are urban and rural differences accounted for?
A: The calculator shows national percentiles. Regional variations can be significant but aren't shown in this national-level tool.

Q5: Why might my percentile seem inaccurate?
A: Self-reported income data may differ from official measures, and the calculator can't account for household size or local purchasing power.