Income disparity among those earning up to Rs 5 lakh annually has declined by over 74.2% between FY 2013-14 and 2022-23, as per an SBI report. This improvement highlights the government’s efforts in boosting lower-income groups’ earnings. The report also mentions a shift towards progressive taxation and improved tax compliance.
Income disparity declined 74.2% in last 10 years: SBI Study
Categories:
Related Post
Meghan Markle returns to Instagram after 5 years, posts first videoMeghan Markle returns to Instagram after 5 years, posts first video
Meghan Markle, Duchess of Sussex, has launched her new Instagram account @meghan, sharing her first post since 2020. The account quickly amassed over 500,000 followers. Meghan’s return follows the closure
Mehdi Hasan says he will ‘never’ forgive Biden for not weaponizing DOJ to put Trump on trial before electionMehdi Hasan says he will ‘never’ forgive Biden for not weaponizing DOJ to put Trump on trial before election
Former MSNBC anchor Mehdi Hasan reamed out President Biden and Attorney General Merrick Garland on Saturday for not putting former President Trump on trial before the 2024 presidential election. In
Trump-backed candidate aiming to replace Matt Gaetz wants Florida to adopt gold and silver as legal tenderTrump-backed candidate aiming to replace Matt Gaetz wants Florida to adopt gold and silver as legal tender
Florida Chief Financial Officer Jimmy Patronis — who was urged by President-elect Donald Trump to run in the special election to replace former Rep. Matt Gaetz in Florida’s 1st Congressional