Tag: income
Household real income continued to decline in recent months, higher govt spends needed to uplift rural income
New Delhi: The household (HH) situation in India has continued to deteriorate in recent months, with real income levels persistently declining, highlighted a report by…
ITR 2024: Waiting for income tax refund? Tax refund rules to know about
July 31 was the final deadline for filing income tax returns (ITR), with over 7.28 crore income tax returns filed for the financial year 2023-24….
Simplify these procedures for individual income tax payers in Interim Budget 2024: CII – Interim Budget 2024
The suggested categories of payments could be as follows:Salary: TDS rate at Normal slab ratesLotteries and horse race winnings: TDS rate at 30%All other payments:…
UK’s Family Visa crackdown to impact many Indian family plans
LONDON: The UK government‘s latest set of visa crackdowns to cut immigration figures includes a major hike in the minimum salary threshold for British nationals…
How falling household savings affect the economy
The financial savings of households crashed to a multi-decade low in 2022-23 due to higher inflation. ET Wealth analyses the impact. Fall in overall savings…
Low-skilled Indians in US to see 500% jump in income, says study | Latest News India
Around 120% surge in income has been recorded among Indians working overseas as compared to a 40% increase due to internal migration, according to a…
finance bill 2023: Individual taxpayers with income marginally over Rs 7 lakh to get relief under new tax regime
In a relief to taxpayers opting for new tax regime, individuals earning marginally higher income than no-tax ceiling of Rs 7 lakh will pay tax…
What is the 20/10/4 rule when taking a car loan
1.This is a thumb rule used while buying a car on a loan.2.20% of the onroad price of the car should be paid as down…
Retirement planning must obsessively consider this decade of the 70s and explicitly and generously provide for it
A few weeks ago we discussed how super seniors seem to be spending less. One of the takeaways there was to not view retirement as…
I’ve just started earning. Do I help my parents financially?
If you have just landed a job and started earning, you will be full of plans about how to spend the money to realise your…