Using ITR gross income data, SBI Research has computed the weighted mean income for each assessment year, revealing: Average Income of Indian Middle Class: •2013-14: ₹4.4 Lakh •2022-23: ₹13.0 Lakh An impressive 3x surge over a span of 9 years. 💰📊 #IncomeInsights #MiddleClassGrowth #SBI #SBIResearch 🇮🇳📈 Decoding the ‘3x income rise’! 🕵️‍♂️ 🚨 2013-14: ₹4.4 lakh 2022-23: ₹13.0 lakh… Sounds impressive, right? But hold on! 🛑 Adjust for inflation, and it’s ₹7.55 lakh, not ₹13 lakh. That’s a 71.6% rise, not 300%. Always dig deeper than the headline figures. Numbers don’t lie, but they can deceive! 🔍💸 Unlocking the true story behind the numbers. 📈📊 #IncomeInsights #InflationFactor 🇮🇳💰