Income

Rush at Sabarimala continues, income touches over Rs 69 crore

Till December 6, the revenue touched Rs 69.39 crore which was about Rs 27.55 crore more than it was in the corresponding period of the 2018-19 pilgrim season, the Travancore Devaswom Board (TDB) that administers the affairs of the shrine, said.

Income of farmers has risen by 20-25 per cent under Modi government: Rajnath Singh

The number of farmer suicides has declined in the last five years, Defence Minister Rajnath Singh said on Thursday. "As far as farmers' condition is concerned, it did not happen in only four-five years. People who ran the government for decades are responsible for the condition of farmers," he said. 

Is ‘cherry picking’ of data is what it’s all about?

A recent IIM Ahmedabad research paper titled ‘Over estimation in the growth rate of National income’ by Sebastian Morris and Tejshwi Kumari used similar methods to conclude that India over-estimated its growth rate.

Wages account for 1/3rd of country's total income: Report

"Return on labour (12 per cent CAGR) grew faster than return on capital (10.9 per cent CAGR) during FY12-FY17. 

Wages account for 1/3rd of country's total income: Report

The report by India Ratings and Research said that a reorganisation of the GVA (Gross Value Added) data of the Central Statistical Office gave an insight into the manner in which the income generated in the production process is being distributed across the two key factors of production, labour and capital.

Govt seriously working for welfare of poor, farmers: Gadkari

Inaugurating the cleaning and deepening work of a pond in Qutubgarh village for rainwater harvesting, Gadkari also exhorted rural youth to take up new and modern modes of employment for improving their income.

Aligarh Kachori seller with annual turnover of Rs 60 lakh gets notice for tax evasion

The shop, known as ‘Mukesh Kachori', is located near Seema cinema hall and is a favourite among the locals. Mukesh, the owner of the shop begins selling ‘kachoris' and ‘samosas' in the morning and continues through the day. The line of customers never seems to end.

Parliamentary panel for 'realistic' income ceiling to decide 'creamy layer' in OBCs

The Committee on Welfare of Other Backward Classes (OBCs) also said, in a report, that the income ceiling to determine the ‘creamy layer', should be revised periodically – three yearly or less.

India's richest 1% get richer by 39% in 2018; just 3% rise for bottom-half: Oxfam

Oxfam further said that 13.6 crore Indians, who make up the poorest 10 per cent of the country, continued to remain in debt since 2004.

22% of total income of regional parties from unknown sources in FY'17: ADR

Total income from "known donors" was Rs 91.29 crore, which is 26.25 per cent of the total income of the parties, a report released today by Association for Democratic Reforms (ADR) said.  

Chhattisgarh: Controversy erupts over media report claim on farm woman's doubling agri income

Chandramani Kaushik on Monday stuck to her remark that her income had doubled after she shifted from paddy cultivation to 'sitafal' (custard apple) farming and denied she had been tutored to say so for the video interaction with the prime minister last month.

Poll candidates must disclose source of income, says Supreme Court

In a landmark judgement, a bench headed by Justice J. Chelameswar said the candidate has to disclose his, his wife's and dependent children's source of income when they file nomination for elections.

8 ways to prepare for a personal finance crisis

Here we will talk about the easiest and most effective ways to prepare for a financial emergency-

Rising income levels, stability linked to declining female workforce participation in India

18 lakh cases of income mismatch post demonetisation: Jaitley informs Parliament

The government’s crackdown on black money post demonetisation have resulted in the detection of 18 lakh cases where the income profiles of people do not match their account profile, the Lok Sabha was informed today.

FY17 per capita income expected to rise at 10 pc to Rs 103,818

India's per capita net national income is expected to rise 10.2 per cent to Rs 103,818 in the current fiscal, official data showed on Tuesday.

Centre forms panel to work for doubling farmers’ income by 2022

The Centre has constituted a committee to achieve the target of doubling the income of farmers by March 2022, Parshottam Rupala, Minister of State for Agriculture and Farmers Welfare.

1 pc of India’s richest own 58 pc of total wealth, reveals Oxfam report

In a clear indication of rising income inequality in the country, India's richest one per cent now hold a huge 58 per cent of the nation's total wealth – higher than the global figure of about 50 per cent, a new study said on Monday.

Rahul Gandhi must apply his mind, farm income still tax exempt: Arun Jaitley

Finance Minister Arun Jaitley today said the Congress leader must "apply his mind" and understand that those in farming will not face any tax whether they keep their money at home or in banks.

Income Declaration Scheme 2016: All disclosures to be kept confidential, reiterates govt

The union government today reiterated that the information provided under the Income Declaration Scheme, 2016 is confidential and shall not be shared with anyone.