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At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study

Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…

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3 mins read

Recovery in real estate sector likely to boost household income, says ICICI Securities

The sector generates a variety of jobs including for construction workers and other informal job…

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6 mins read

Income tax bonanza, capex push emerge as the stars of Budget 2023-24

An upward revision in income tax slabs and a continued push on capital expenditure investments emer…

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Goldman Sachs says disposable income will likely grow this year, even amid the widespread coronavirus shutdown

Goldman said that while income losses are likely to be large, the government stepped in with a stim…

Matthew Fox   


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Budget expectations 2022: Here’s why income tax slabs may not change this year

Despite the COVID-19 pandemic forcing people to travel less and work from home more, resulting i…

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America's income gap shrunk throughout the pandemic, but inflation means it 'may be nothing but fleeting,' an expert says

The bottom half now holds $3.73 trillion of America's wealth, more than it's held for 20 years, Blo…

Taiyler Simone Mitchell   


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4 mins read

Jason Lalljee   


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Cut corporate tax rate to 15 pc; provide more disposable income: CII to govt on Budget

New Delhi, Dec 6 () Industry chamber CII on Friday suggested that the government should reduce pers…

PTI   


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E-commerce and digitisation to accelerate India's auto sector growth, says report

Strong acceptance of e-commerce and digitisation is expected to accelerate the growth of India's au…

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RBI to increase repo rate by 45 basis points making vehicle loans expensive, says FADA

The automobile industry is still not out of the woods and the Reserve Bank of India's (RBI) move to…

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Americans' personal income shot up 21.1% in March, a record dating back to at least 1946

"Incomes soared as a result of the stimulus payments made under the March relief bill," said one ec…

Carla Mozée   


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1 min read

ITAT exploring possibility of arbitration, mediation for faster disposal of tax disputes

New Delhi, Jan 23 () The Income Tax Appellate Tribunal (ITAT) is exploring the possibility of arbit…

PTI   


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US consumer spending spiked a record 8.2% in May as personal incomes fell

Spending in goods and services both contributed to the $892.6 billion increase in consumer spending…

Carmen Reinicke   


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7 mins read

Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans

India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…

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New income tax regime big disincentive to investment: Analysts

Mumbai, Feb 1 () Tax experts and analysts on Saturday said the optionality clause in the new income…

PTI   


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7 mins read

A corporate bond provides companies with cash and investors with income — here's how to evaluate the risks and rewards

A corporate bond is issued by a company to raise money; like any debt, it pays investors regular in…

Simon Chandler   


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1 min read

Realme increases smartphone prices due to GST hike, rupee dip

"The 18 per cent GST will also bring back the bad old days of early 2000s when the grey market in m…

PTI   


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4 mins read

Income tax, bank recap, Air India, and 5G spectrum sale are some things to watch out for in Finance Minister Nirmala Sitharaman's first budget speech

Finance minister Nirmala Sitharaman will present her maiden Budget and millions of Indians will be …

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7 mins read

How to increase your credit score, no matter when or where you start

Once you have your credit report, sit down and go through it, line by line. It's not uncommon for t…

Cheryl Lock   


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2 mins read

Retail trade group says holiday sales could increase as much as 5.2% this year despite the pandemic thanks to a boom in online shopping

The industry group expects online and other non-store sales will shoot up by 20% to 30%, as compare…

Tim Levin