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Even people in the highest tax bracket in India consider themselves 'middle class'. It's a big category from 2-3 lpa to 2-3 cpa. :lol:

Capex 10 Trillion, Up 33% For 2023/24 Capex Estimate was 9 Trillion Vs Actual 10 Trillion •FISCAL DEFICIT 6.4 GDP VS GOAL 6.4% FY23 •FY 2023/24 TGT 5.9% •FY 2025/26 TGT 4.5% -Net Borrowing & Personal Income Tax •Increase Rebate Limit To 7 Lakh,Surcharge Cut to 25% From 37.5% •Current...

Which is why attempts to quantify 'labor value' of a homemaker is imo both demeaning and a slippery slope.

It's standard practice to count housewives/ homemakers as those who are employed?