A legal accountant collapsing inr: Do you really gain or only survive?

If you think that earning the US dollar makes you richer by default, think again. Nitin Kaushik Legal Accountant disintegrates this illusion with a brutal reality examination – your income is only strong as what remains after inflation, taxes and low currency.

Let’s say you have $ 1,000 on hand. With the inflation rate in the United States, an average is about 5 % in recent years, this money is $ 950 at a later time. Now convert it to inr, and hit another problem: Indian rupee loses 4-5 % of its value annually against the dollar.

This means a double blow – your dollar loses the purchasing power in the United States, and loses your value rupees in the country.

“But salaries in India rise faster,” some argue. Kaushik is not different – but he says that the trend is no longer reliable. “How many of you get an increase of 10 % every year?” He asks. Even if you are, the increasing taxes – direct and indirect – abandoned real gains.

The result? Silent pressure on savings. The percentage of savings to GDP in India has decreased to its lowest level in 50 years, even with more people joining the workforce. More income, less keeping.

This broad gap has deeper economic roots. Over the past decade, the US dollar has lost about 35 % of its value due to inflation. But the fall of the rupee was more clear – as it contributed 3-5 % annually. The difference in interest rates, the strongest US dollar, the trade deficit in India, the current account account, and foreign investment flows have all added pressure.

Consumers already feel beaten. From expensive imported goods to shrinking holiday budgets abroad, the real effect appears in daily options. For Indian investors, this also means that higher returns are needed to keep up with inflation and currency erosion.

Realistic Kaushik’s ready -made meals: your income is not related to the amount you make – it is related to the amount you keep. In a world of hidden leaks and silent discounts, he asks the only question that matters: “Is we really growing, or just running on a walking device?”