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The new office in London will make way for 3,000 jobs in the first wholly owned office building outside the US. (Photo: Pixabay)

Income inequality, unemployment to give rise to social problems: study

The study said the bottom 50 per cent of the country's population accounts for only 11 per cent of the national income.

1 Oct 2017 4:44 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Flat income tax rate undesirable for India: stakeholders

Stakeholders believe a flat income tax rate is not progressive in an unequal society like India.

30 Nov 2017 3:12 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Income inequality goes from 'British Raj to Billionaire Raj': report

The paper further noted that since the early 1980s, growth has been highly unevenly distributed within the top 10 per...

6 Sept 2017 6:02 PM IST

Sunanda K Datta Ray | Hope in the new dawn after ravages of 2020?

India's rich became richer amidst the pain and penury, death and disease that marked 2020 as a year of suffering

1 Jan 2021 4:18 AM IST