Income

Consumer sentiments fall short

Expectations of household incomes a year later turned positive in March 2023 for the first time since April 2020

One-third of urban Indians claim dip in disposable income in last 12 months

More than a third of urban Indians have claimed that their disposable income has decreased in the last 12 months, YouGovs latest report said

Budget 2023-24: Relief to middle class set to spur private consumption

The government plans to collect just over Rs 9 trillion via personal income tax in FY24

HDFC retail loan demand at 8-year high, standalone net profit rises 18%

Shifted from quarterly reset for individual loans to monthly one

One out of every three Indians 'middle class'; to double by 2047: Report

The report released by PRICE added that the share of middle class in the total population rose from 14 per cent in 2004-05 to 31 per cent in 2021-22

Apply for re-computation of income under Rule 132 to avoid tax penalty

Those with income from business or profession, who have availed deduction on cess/surcharge, must do so by March 31

SBI least efficient in Asia-Pacific due to high cost-to-income ratio: Study

State-owned lender had the highest cost-to-income ratio, according to S&P Global Market Intelligence

ICICI Lombard's Q1 net up 80% to Rs 349 cr on strong premium income

The gross direct premium income by the insurer during the period was Rs 5,370 crore, up 28.2 per cent from the year-ago period

Gender Gap Index 2022: India slips on income measures, shows data

The country performed better on education and health parameters. Political representation has been a mixed bag

Number wise: Hike in MLA salaries outstripped growth in common man's income

Delhi lawmakers just gave themselves a salary hike, joining counterparts in widening the gap with their voters' income

Spandana Sphoorty's Q4 consolidated net profit declines 42% to Rs 28.6 cr

The MFI aims to double assets to Rs 15,000 cr by FY25

Raymond Q4 net profit soars over four-fold at Rs 265 cr; income up 43%

The company had posted a net profit of Rs 58.36 crore during the January-March quarter of the previous fiscal, Raymond said in a regulatory filing

Steel giant ArcelorMittal's Q1 net income jumps over 80% to $4,125 million

"ArcelorMittal recorded net income for 1Q 2022 of USD 4,125 million as compared to...a net income of USD 2,285 million for 1Q 2021," the Luxembourg-based firm said

Consumer sentiments rise slowly

Wounds of pandemic-induced lockdowns on households are healing

Every 7 in 10 South Korean suffered income reduction amid Covid: Survey

Nearly seven in 10 South Koreans saw their income fall in the wake of the Covid-19 pandemic, a survey revealed on Thursday.

Survey shows 66% of respondents feel income levels down from pre-pandemic

Only 34% of the overall sample reported that their household cereal consumption in the month preceding the survey was sufficient

FY22 per capita income may rise 12% over pre-Covid level: Advance estimates

In FY21, per capita income had dropped by 4% to Rs 1.29 lakh, showcasing the plight of common man who bore the brunt of lockdown and job losses

Capital gains or rent: All income must be reported in Income Tax Return

Capital gains on switching between MF plans, notional income from vacant property, minor's income are ones taxpayers often overlook.

Income distinction

Investment income should not be treated differently

EID Parry net profit down 17% to Rs 470 crore in Q2 on dip in exports

Consolidated sugar operations, including refinery business, reported a loss before interest and tax of Rs 28 crore during the quarter