It Costs 13 Lakh Rupees Every Year to Raise a Child! Debate Sparked on Mumbai Man's Post on Social Media

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The post said that if you spend 30% of your income on your child, then your net salary should be Rs 43-44 lakh per annum. After adding tax, a gross salary of Rs 55 to 60 lakh is required to raise a child properly and this is just for one child! If you have a second child, this expense increases further.