New Delhi, Sep 9 || Young Indian professionals are prioritising savings, investments, and debt repayment over discretionary spending, according to a report on Tuesday.
The report by job site Naukri, based on a nationwide survey of over 20,000 job seekers earning up to Rs 12.75 LPA -- who fall in the zero-tax bracket as per the new FY’26 tax regime -- revealed a decisive tilt towards financial prudence.
Nearly 60 per cent of respondents were found channeling their surplus income into savings and investments, while 30 per cent are using it to repay debts.
Only a small fraction is directing the additional money towards immediate consumption, with 9 per cent upgrading their lifestyle and just 4 per cent spending on travel and leisure.
The report highlighted that professionals in emerging technologies are leading the charge, with 76 per cent saving their surplus income, followed by those from auto (63 per cent) and pharma (57 per cent).