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REVENUE DISPARITY
Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
14 lakh kanals of state land encroached in Jammu, 3 lakh in Kashmir: Official dataLand mafia has encroached over 17 lakh kanals of state land across Jammu and Kashmir. Jammu division accounts for the majority of this encr...
India's R&D punches above its weight, but grant delays and red tape hold back researchersIndia is an innovation 'overperformer' but its research systems lag behind. Improving 'ease of doing R&D' is crucial. This requires faster ...
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
Union Budget 2025: Why is it important for the government to have a budget?The government budget is vital for India's economy. It guides resource allocation to uplift the underprivileged and reduce disparities. The...
Union Budget 2025: Why does the Govt need a Budget? Understanding the importance and roleIndia's Union Budget 2025 is crucial for economic stability and growth. It addresses resource allocation, economic growth, business, trade,...
Crorepati taxpayers club gets bigger, rises 5X to 2.2 lakh in AY24This growth is part of a broader trend, which showed a 74.2% decline in income disparity for earners up to Rs 5 lakh between FY14 and FY23....
Income disparity in India has declined 74.2% since FY14, reveals SBI studyThe SBI report has shown a 74.2% decline in income disparity for individuals earning up to Rs 5 lakh annually between FY14 and FY23, attrib...
Inter-state disparity in terms of revenue receipt remains huge: ReportRevenue disparity among Indian states remains notable. While some states like Telangana, Karnataka, Jharkhand, and Uttar Pradesh project hi...
Why the Government needs a Budget: Understanding the importance and roleUnion Budget 2024: Any political party that assumes government, whether through majority or coalition, in India shoulders significant respo...
Why is it important for the govt to have a budget?A well-planned budget is essential for any government to achieve economic stability and growth. By strategically allocating resources, enco...
Large Indian IT firms earn more with lesser hiringIndia’s top five IT firms have hired fewer people in last five years when compared to their growth.
Top 5 IT cos cut hiring as AI, automation take rootIndia's top five IT services providers have hired fewer people over the last five years when compared to their revenue growth, suggesting g...
Women-led startups receive less funding: ReportInvestments in startups led by women averaged USD 935,000, which is less than half of the average USD 2.1 million invested in companies fou...
Why income tax payers in India are a small and shrinking breedOut of 125 crore Indians only 1.5% (1.9 crore) pay income tax.
- Infosys ties up with America's funeral service provider
IT major Infosys on Tuesday said it has signed a deal to help improve North America's largest funeral services provider Service Corporation...
- Panchayats must mop up additional funds: Minister
The panchayat institutions should mop up additional revenue to execute developmental works, says E Ahamed.