Search For "income"
Textiles, FMCG products account for about 90% of illicit trade into India,
Updated : 1 year, 6 months ago IST
"India witnessed a surge in per capita income between 2011-12 and 2022-23. But, the mismatch between purchasing power and aspiration has increasingly fed into an ever-increasing space for illicit market and counterfeiting," the report said.
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11.3 crore new households will have an annual income of over Rs 30 lakh by
Updated : 1 year, 6 months ago IST
The number of Indian households with an annual income of more than Rs 30 lakhs per annum will increase by 11.3 crores by the financial year 2031, according to a report by Ugro Capital.
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India's retail realty sector benefiting from growing per capita income and
Updated : 1 year, 6 months ago IST
India's growing per capita income, a burgeoning middle class, and expanding urbanization are driving a surge in urban consumption, with the retail realty sector emerging as a key beneficiary of this trend, highlighted a report by Nuvama.
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Content-sharing Startup Newzo Mobile App gets seed funding by Concept PR M
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], September 23: Grow India Martech Pvt Ltd has launched Newzo, India's first-ever news-sharing mobile app, designed to empower both content creators and consumers through an innovative "Share and Earn" model. The app, which has already made waves in the startup ec
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CBDT notifies 'Direct Tax Vivad Se Vishwas Scheme, 2024' to resolve pendin
Updated : 1 year, 6 months ago IST
This scheme, aimed at resolving pending income tax disputes, will come into effect from October 1. It seeks to provide an efficient framework for taxpayers to settle their outstanding appeals, streamlining the resolution process for various tax-related disputes.
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Saffron in peril: Kashmir's golden harvest threatened by global warming
Updated : 1 year, 6 months ago IST
In Kashmir Valley, saffron has long been more than just a crop; it is a symbol of heritage and a vital source of income for local farmers. But its farming is grappling with significant sustainability and livelihood issues, highlighting the urgent need for suitable technologies to combat g
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IYDF and Rao Study Circle Provide Support to Underprivileged Children in D
Updated : 1 year, 6 months ago IST
Ranchi (Jharkhand) [India], September 20: The International Youth Development Foundation (IYDF), in partnership with Rao Study Circle, organized a compassionate outreach event for underprivileged children in the Dhurwa, Sector-01 community of Ranchi, Jharkhand. These children's families prim
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MP: Retired income tax officer arrested for assaulting minor in Harda
Updated : 1 year, 6 months ago IST
In a disturbing incident, a retired income tax officer was arrested for allegedly forcing a minor to clean sewage while using his shirt.
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Direct tax collection soars, gross collections surge by 21% to reach at Rs
Updated : 1 year, 6 months ago IST
India's direct tax net collection for the financial year 2024-25 has seen a significant surge, with an increase of 21.48 per cent as of 17 September this year, the data from the Central Board of Direct Taxes (CBDT) shows.
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In the long run, rate cut by Fed will be favourable for most US banks: Moo
Updated : 1 year, 6 months ago IST
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs to reprice downward more slowly than their loan yields, constraining net interest income, which is most banks' largest revenue source." Said the report
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Indians earning over Rs 10 cr per annum up 63 pc, Rs 5 cr per annum up 49
Updated : 1 year, 6 months ago IST
The number of Indians earning more than Rs 10 crore annually has surged 63 per cent in last five years, highlighted a report by Centrum Institutional Research.
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India's apparel retail will continue to grow with rising incomes, increase
Updated : 1 year, 6 months ago IST
As per a research report by the financial advisory firm Centrum, looking ahead, the apparel market is expected to continue growing, driven by rising incomes, favourable demographics, and increased demand for affordable fashion, particularly among Gen-Z consumers.
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