Data discoveries of the week, presented in charts. This week, we throw light on marginal relief under the new tax regime, trendline of real GDP growth in the US, top 10 Indian states with the highest MF AUMs, the latest data on inflation rates across the world and more.
- The number of Indian internet users is 2x the entire population of the US.
At 780 million users, India ?? has the 2nd largest internet user base in the world, that's > 2X of the entire US ?? population. This is expected to cross 1B by 2030, matching China's.#ChartOfTheDay #data #IndiaUnlimited pic.twitter.com/sU386rBiRc
— Kuvera (@Kuvera_In) March 27, 2023
2. We looked at the top 10 states with the highest MF AUMs.
With 41.8% of the total MF AUM in India, Maharashtra remained at the top of the list followed by Delhi and Karnataka.
Here's how the Top 10 States fare ??#ChartOfTheDay #data #MFAUM pic.twitter.com/KEsm3eixYx
— Kuvera (@Kuvera_In) March 28, 2023
3. Data on how collections from taxes got distributed across the states.
A look at state-wise distribution of the net proceeds of Union Taxes & Duties for Budget Estimates 2023-24 ??#ChartOfTheDay #data #IndiaBudget pic.twitter.com/9zGKO8ogtF
— Kuvera (@Kuvera_In) March 30, 2023
4. Latest data on inflation rates across the world.
Many countries across the world have been grappling with rising inflation. Here is a comparative look at the inflation rates of some of the world's large economies??#inflation #chartoftheday pic.twitter.com/C4fNneBa1Z
— Kuvera (@Kuvera_In) March 29, 2023
5. 20-year trend of home prices and inflation in Canada.
Over the last 20 years, Canadian Home Prices have quadrupled while the overall inflation rate in Canada has increased 49%. This is a bubble of epic proportions. pic.twitter.com/sAoueBcxQg
— Charlie Bilello (@charliebilello) March 30, 2023
6. Goldman Sachs estimates on share of employment that can be replaced by AI across various industries.
Goldman Sachs estimates that 25% of jobs can be at least partially replaced by AI. The future is coming fast. pic.twitter.com/8R1B7333sT
— Peter Mallouk (@PeterMallouk) March 30, 2023
7. Trendline of real GDP growth in the US from 1948.
US Real GDP increased 0.9% over the last year, the slowest YoY growth rate since Q4 2020. The average annualized growth rate over the last 20 years was 2.0%. pic.twitter.com/S36A7pdedB
— Charlie Bilello (@charliebilello) March 30, 2023
8. Homes form the biggest share of assets for most Americans.
For most Americans, the largest part of their net worth is their home. pic.twitter.com/9XG02SvD97
— Peter Mallouk (@PeterMallouk) March 29, 2023
9. Where does Aluminium come from?
Where Does Aluminum Come From? ?
See the breakdown of the three stages that make up aluminum production: https://t.co/aWZyfpsFC1 pic.twitter.com/wduaWxYQ8F
— Elements (@VCElements) March 30, 2023
10. High-yield spreads vs lending standards in the US.
Lending standards will likely tighten further.
This is bad news for #highyield #spreads. pic.twitter.com/PP79JgBv8k— jeroen blokland (@jsblokland) March 29, 2023
11. Understanding marginal relief under the new tax regime.
This little chart is not about Pythagoras. It's about tax, and the concept of marginal relief. The government offers a tax-rebate to those with income below Rs 7 lakh under the new regime effectively making their tax, zero. But what happens if your tax is 700,010? Suddenly you… pic.twitter.com/MOMI6oJOwz
— Neil Borate (@ActusDei) March 28, 2023
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