In earlier TOI Blogs, this writer has mentioned the inequity of the Income Tax Act and it’s provisions and why it is a regressive legislation for individuals. The main reasons why India’s Income Tax ...
Breaks down the net worth and income levels required for individual and household top-1% status. Key takeaway: ₹1.5–3 crore in wealth or ₹20–60 lakh in income places you among India’s economic ...
NEW DELHI – Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing the salaried middle class with tax cuts and spurring economic ...
Understand how to structure contracts, manage income tax, GST, and banking when providing services from India to foreign ...
For the first time in decades, efforts are underway to conduct a household income survey. But widespread reluctance to ...
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Not politicians, India’s wealthiest families underreporting incomes, finds study by DSE director
New Delhi: The wealthier the Indian families are, the lesser the income they report relative to their wealth, a paper by Ram Singh, Delhi School of Economics (DSE) director and a permanent member of ...
NEW DELHI, June 3 (Reuters) - India's anxiety over erratic monsoon rains will become more acute as rising incomes and a growing population push up demand for farmed produce faster than supply, turning ...
For the financial year 2024-2025, Indian tax law treats cryptocurrencies as virtual digital assets (VDAs) under the Income Tax Act, 1961. Section 2(47A) spells out what that means: Any code, number, ...
A low base and booming non-core income amplified India Inc’s steady operational growth in Q2. But with a shrinking cohort of ...
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