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The Economic Times

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‘Rs 1 crore in US is like Rs 25 lakh in India’: Techie, who spent 15 years in America, says he saved more with one-fourth salary at home: Here’s why

United States India Insurance

An Indian professional who has spent the last 15 years in the United States has triggered a debate online after sharing a detailed comparison of his finances in the two countries. Nitin Malhotra said that although he now earns about $8,000 (around Rs 7.63 lakh) a month in the US, he believes he was able to save more when his annual salary in India was around Rs 25 lakh.

Also Read: Harvard Business School, where MBA can cost over a crore, launches Rs 67,000 programme to teach how to do business

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