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Smart credit habits can help students establish a financial footprint even before they start earning.
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You can claim a refund on tax deducted from fixed deposit interest by filing your ITR—here’s the process explained.
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The ministry had first attempted to conduct such a survey in 1955, followed by another one in 1958, but did not release the results of the surveys.
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Interest income from Indian bank accounts is not necessarily tax-free for foreign resident children. Here's how it is taxed and what parents need to know.
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'Follow your passion' is one of the worst pieces of advice Sora Lee said she had received in college. That’s because several people are passionate about something that may not help them bag a high-paying job.
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The good news is that improving job creation has come along with budgetary sops to reduce tax and drive up sluggish consumption
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In urban centres, the growth in consumption spending was faster for STs and OBCs, at 11.4 and 9.1 percent, respectively, compared to the general category.
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An overwhelming 86.7 percent of the CEOs surveyed have sought for a simple GST and a reduction in income taxes to spur consumption.
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He urged the DRI officers to focus energy on big fish and masterminds and bust syndicates in smuggling operations
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Urban India’s gender income gap varied across states. Haryana stood out, with women’s earnings surpassing double the national average. On the other hand, Jharkhand, Odisha and West Bengal had the highest income disparity, with women earning around half of men’s monthly income.
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At India’s current per capita levels of $2,540, even upper middle-income status is some years away. What is required now is the infusion of new, modern technologies and business models along with investment. For graduating to high-income, additionally, innovation will be needed
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Ahead of Budget presentation on July 23, it has been reported that FM Sitharaman could be considering introducing tax relief measures in a bid to stimulate consumption. But how much can the Finance Minister accommodate and what will it cost the government to do so? Stacy Pereira chats with Preeti Kulkarni on what we could expect on the personal income tax front in the full Budget 2024.
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The income share of top 1% is among the very highest in the world, higher than even South Africa, Brazil and US, a report by World Inequality Lab said.
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Elderly Indians with higher education and those from higher social castes also reported greater satisfaction than those with no formal education and those belonging to so-called lower castes, the report said.
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The average for the most well-off 5 percent in urban areas still falls short of Rs 21,000. One percent of India’s population is 14 million. A consuming class of 2 percent of the population would be roughly as large as Belgium and the Netherlands put together. Indians shouldn’t be happy with the statistical reduction in poverty. Growth in industrial demand and a mass market depend on growing purchasing power with the masses. A growth strategy, with special focus on education, making India’s youth employable and generating income at a high level of productivity, is needed
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For a country that never dreamt of truly becoming a developed nation, it is understandable why some fail to grasp the scale of transformation happening in India, today. Statistics show the fortunes of Indians are changing for the better and changing fast
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It had reported a net profit of Rs 95.39 crore for the July-September quarter a year ago, according to a regulatory filing by LT Foods Ltd, which owns basmati rice brands -- Daawat and Royal.
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Total income in the second quarter of the current fiscal rose to Rs 8,786 crore from Rs 6,531 crore in the same period a year ago, IDFC First Bank said in a regulatory filing.
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Total income rose to Rs 2,957 crore from Rs 2,240 crore in the same period a year ago, AU Small Finance Bank said in a regulatory filing.
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The lender had reported a standalone profit of Rs 535 crore in the year-ago period.
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The household sector includes not only family households but also farm households engaged in agriculture and all unincorporated enterprises in industry, trade and services. The informal sector is known to be sizeable though no reliable data on savings or liabilities is available
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The company's total income during the January-March period of 2022-23 rose to Rs 3,917 crore against Rs 3,016 crore in the year-ago period, SBI Card said in a regulatory filing.
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Are you looking for ways to save the tax on your income? In this video, we tell you five tax-saving instruments, divided on the basis of the minimum investment tenure and the rate of returns so you can select as per your requirement and choice. Watch!
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Among the parties, the BJP topped the list with Rs 1033.70 crore donations as electoral bonds, while All India Trinamool Congress (AITC) received Rs 528.143 crore.
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The company follows January-December fiscal year.
