Why Sikhs pay 4x more income tax than Jains

 There has been a common mis-information circling around the internet among Jains and Sikhs that both pay 24 pc income tax each in India.


In this blog, we will analyze the actual economic numbers.

As per national wealth index,

Jains and Sikhs are the richest religious communities in India:

https://dhsprogram.com/pubs/pdf/FR375/FR375.pdf

https://indianexpress.com/article/india/india-news-india/nfhs-data-says-chandigarh-has-highest-number-of-rich-people-in-india-find-out-where-your-state-stands-7914161/


As per economic survey, 80% Jains belonged to richest quartile on wealth scale.
Second richest religious community was Sikhs which had 60% belonging to richest quartile on wealth scale.

However, not all Sikhs belong to General Category.
Only 40% Sikhs are in general category (Jat Sikhs), rest 60% are Ramgaria Sikhs (OBCs) and Ravidasia Sikhs (SCs).

Whereas or Jains, the number is 97% belonging to General Category.

In absolute numbers, there are 44 lakh Jains in India and 2.5 crore Sikhs.

Jain population:
https://en.wikipedia.org/wiki/Jainism_in_India

Sikh population:
https://en.wikipedia.org/wiki/Sikhs

So, total number of people in highest quartile of wealth are:
Sikhs:  60% * 25 million = 15 million.
Jains: 80% * 4.4 million = 3.52 million.

In absolute numbers, there are 4-5x more Sikhs in highest quartile of wealthiest as compared to Jains. And estimated 4x more tax collection.

Furthermore, most of the low wealth Sikhs are actually SC/STs and OBCs. Which lowers the Sikh average to 60%.

If we just focus on General Category Punjabis, the number easily shoots up to 90% plus.

General category Punjabis and Sikhs are on average, richer than Baniyas and Jains as found in another economic survey as can be seen in the link:

https://www.india-seminar.com/2004/534/534%20sanjay%20kumar.htm




This is consistent with the national wealth survey that Punjab is on the top in India on Wealth Index followed by Haryana.

And there is a big gap between Punjab (61%) and Haryana (47%) and rest of Indian states (15-30%).









Comments

Post a Comment

Popular posts from this blog

Which caste leads India in business (Billionaire data by caste and varn)

Image
Hindu caste system contains primarily 3 upper castes: Brahmin, Kshatriya and Vaishyas. Traditionally, Brahmins are priests who obtain highest place in the hierarchy. Followed by Kshatriya followed by Vaishya. This article discusses this in detail: https://www.bbc.com/news/world-asia-india-35650616   Brahmins are typically divided into following sections: Gaur Brahmins, Saraswat Brahmins, Mohyal Brahmin, Brahmin Pandits, Maithili Brahmin, Bhumiar Brahmin, Deshastha Brahmin, Garwali Brahmin, Iyer Brahmin, Goswami Brahmin and Tyagi Brahmin. Kshatriya community is divided into following sections: Rajput, Kurmi Kshatriya, Lohana, Thakur, Jat, Patel. Vaishya community is divided into following sections: Vaishnav Vanik (Gujarati Vaishya), Maheshwari (Marwari Vaishya), Baniya, Teli, Arya Vysya, Mahajan. There are 2 more groups: Khatri and Kayastha which are unclassified. In 1921 caste census, Khatri were included as Kshatriya. In 1931, they were counted among Vaishyas. As per current scena...
Read more

What is the Khatri and Arora population of India - Projection from 1931 census ?

  Answer is around 28 lakhs or 2.8 million. As per 1931 census, Khatri Population of Punjab and North West Frontier Province according to the 1901 Census of India This is my second post in my third series on the 1901 Census of Punjab, which looks at the distribution of the Khatri caste. I also include the numbers and territorial breakdown of the Khatri popul… https://newpakhistorian.wordpress.com/2021/11/12/khatri-population-of-punjab-according-to-the-1901-census-of-punjab In 1931, the last census that counted caste, there population had increased to 516,207, of which Hindus were 460,851 (89%) and Sikhs were 55,114 (11%) Arora Population of Punjab and North West Frontier Province according to the 1901 Census of India This is my third post in my third series on the 1901 Census of Punjab, which looks at the distribution of the Arora caste. I also include the numbers and territorial breakdown of the Arora populati… https://newpakhistorian.wordpress.com/2021/11/21/arora-population-of-p...
Read more

How Punjabi Khatris compete with American Jews today in entrepreneurship

 American Jews have been known to be the most prominent business community in Western World. With .2% of World's population, they contribute 72% of nobel prize winners globally. Western world's success is considered a byproduct of Jewish mind (Albert Einstein, Pauli, Richard Feynman). Most prominent discoveries in Western World has been done by Jewish. We will compare how Khatri caste of India compete with American Jews on business. Here is how summary looks like:   Population (million) #Unicorns Unicorns/Million Jews 14 212 15.14 Khatri 2.8 53 18.92   Population (million) Billionaires Billionaires/Million Jews 14 197 14.07 Khatri 2.8 27 9.64 Source of data: 1. Khatri population:  https://joshuaproject.net/people_groups/17161/IN ...
Read more