| Year | Inflation Rate (%) | Initial Salary's Purchasing Power (₹) | Actual Salary (with Hike) (₹) | Required Salary to Maintain Initial Purchasing Power (₹) | Gold Price (₹/10g, 24K) |
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*Inflation rates are based on historical CPI data for India and projections for future years. For years beyond 2027 or before 1987, an assumed average inflation rate of 4.00% is used. Gold prices marked with an asterisk (*) are future predicted annual averages. Historical gold prices are approximate annual averages. Gold prices for years outside the 1964-2034 range are not available in this calculator. Source https://cleartax.in/s/gold-history-in-india