Tag: income
13 Results
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Income tax raids premises of contractors; detects tax evasion of Rs 200 crore
The contractors were allegedly routing their unaccounted money through international hawala transactions to certain foreign jurisdictions and also indulging in purchase of benami properties, said a senior officer of the Ministry of Finance here on Thursday.
March 3, 2022 -
A global summit on inequality needed
Between 1995 and 2021, the top one per cent wealthiest people in the world captured 38 per cent of the growth in global wealth, whereas the bottom 50 per cent had a pitiful 2 per cent share.
December 19, 2021 -
Income Tax officials detects unaccounted cash exceeding Rs 200 crores
The IT department has also seized fourteen bank lockers which were allegedly used to keep the unaccounted cash, benami property papers and jewellery, said a senior officer of the Finance Ministry.
November 5, 2021 -
Odisha CM announces Rs 1690 crore COVID assistance for marginalized people
CM announced financial package towards marginalized people to help them tide over the pandemic-induced loss of job and income.
June 18, 2021 -
NTPC Q4 profit jumps 48.7pc to Rs 4,350.32 cr; announces 25% final dividend
The NTPC Group's total installed capacity has increased to 55,126 MW as on March 31, 2019 from 53,651 MW as on March 31, 2018.
May 25, 2019 -
Redirecting towards income generation
Some of the most demanding and lucrative jobs in India are from the financial sector, and among them, investment management is the blue-eyed boy of most of the young professionals. A majority of students with degrees like MBA (finance), MFC, CA, or CFA wants to make a career in investment management. This is a diversified...
March 16, 2018 -
Taxpayers earning over Rs 1 cr in AY 2015-16 grew 24%: CBDT
While the number of Indian taxpayers earning over Rs 1 crore increased over 23.5 percent to 59,830 during the assessment year 2015-16, the larger number of individuals in this category had Rs 50,889 crore less income than in the previous year, data released by the government showed on Wednesday. According to data from the Central...
December 20, 2017 -
Creating facilities to double farmers income: Jaitley
Finance Minister Arun Jaitley said on Saturday the government has been creating “instrumentalities” like providing agricultural inputs at lower cost and making cheap credit available to farmers so as to double their income. Speaking at the opening ceremony of Asia-Pacific Rural and Agricultural Credit Forum here, Jaitley said the government is trying to improve infrastructure...
December 16, 2017 -
Health insurer Apollo to expand network, targets Rs 1,700 cr premium
Apollo Munich Health Insurance Company Ltd plans to expand by opening around 40 branches a year over the next two-three years, a company official said on Monday. The stand-alone health insurance company is expected to close this fiscal with a total premium of around Rs 1,700 crore, Krishnan Ramachandran, the company’s Deputy Chief Executive Officer,...
December 11, 2017 -
Tech Mahindra, Toshiba Digital Solutions to boost smart factory market
Toshiba Digital Solutions and Tech Mahindra on Monday joined hands to help manufacturers adopt integrated smart factory solutions across production lines. The two companies will synergise group manufacturing heritage, domain expertise and existing customer base to expand business in the smart factory market. “Our integration capability in information technology and operational technology, and global experience...
November 13, 2017 -
UP sets up Yogi-led panel to double farmers’ income by 2022
With an objective to double farmers’ income by 2022, Uttar Pradesh government has constituted a commission — Krishak Samriddhi Aayog — to be headed by Chief Minister Yogi Adityanath. The orders related to formation of the commission were issued on November 10, with Yogi as Chairman and Agriculture Minister Surya Pratap Shahi as Vice Chairman,...
November 12, 2017 -
Rising incomes, stability linked to declining female workforce participation
Rising income levels and stability in families are disincentivising women from joining the labour force, according to a recent report by the World Bank, which analysed government data from 2004-05 to 2011-12. As many as 19.6 million women — equivalent to the population of Romania — dropped out of the workforce during this period, of...
May 4, 2017 -
Farmers’ income doubled in 10 years: Odisha CM
Odisha Chief Minister Naveen Patnaik on Saturday said the income of farmers has grown two-fold in the last 10 years and the government would continue to work to keep up the momentum in the coming years. "We have made significant progress in terms of production, productivity and income generation. Keeping the momentum, we will make...
April 29, 2017