A simple online Excel sheet to calculate the value of any amount of rupees from any year from 1939 to 2013 in 2013 prices.
This calculator is based on the Indian Wholesale Price Index data from 1939 to July 2013. While 1939 is used as the base year to calculate the rate of inflation the amount in rupees calculated is equivalent to current prices.
Add any rupee amount in a cell corresponding to your year of choice under the insert value column and its value in today’s money will be displayed to the right.
This calculator tells me that my first salary is now equivalent to almost double of it.