Billionaire Wealth Hits Record $18.3 Trillion in 2025
Oxfam's new report reveals billionaire numbers surpassed 3,000 for the first time in 2025, with collective wealth reaching $18.3 trillion, highlighting extreme global inequality.
Oxfam's new report reveals billionaire numbers surpassed 3,000 for the first time in 2025, with collective wealth reaching $18.3 trillion, highlighting extreme global inequality.
India's per capita income is projected to reach $4,000 by 2030, placing it in the World Bank's upper middle income category alongside China and Indonesia, according to State Bank of India analysis.
Oxfam's inequality report highlights India's political reservation system as a rare democratic safeguard against billionaire dominance in global politics.
Silicon Valley fears AI could make money worthless, creating a final opportunity to build wealth. Tech leaders debate universal basic income and job displacement.
Author Amitav Ghosh discusses how his latest fiction addresses climate change using myth and memory, blending ecology with inequality concerns in a powerful narrative.
A debate on taxing the wealthy intensifies as economists like Piketty push for higher taxes, while figures like Jeff Bezos argue entrepreneurs create wealth for others.
Widespread worker protests in Balochistan have brought the region to a standstill, triggered by government pay inequality. Demonstrators demand fair wages and better working conditions.
A global WEF survey of 4,600 young people finds over 57% stressed by finances, with inequality named the top economic concern. Youth show readiness for political leadership.
Pratap Bhanu Mehta argues that framing equality as growth's enemy protects oligarchy. He explains how inequality undermines poverty reduction, entrepreneurship, and social trust in India.
Millions of Indian taxpayers await government clarity on the continuation of the old income tax regime beyond March 2025. Experts urge proactive communication to aid financial planning. Read more for details.
Tax experts caution government against raising income tax surcharge or reintroducing wealth tax in Budget 2026-27, warning of capital flight and impact on investment. Read the full analysis.
The new Simplified Income Tax Act, 2025, comes into force on April 1, 2026, replacing the old assessment year system with a single 'tax year'. Learn how this major tax reform simplifies compliance for Indian taxpayers.
The new Income Tax Act 2025 comes into force on April 1, 2025. Understand the key changes in tax slabs, deductions, and compliance for the upcoming financial year.
India's income tax department launches a 'Nudge' campaign to boost honest reporting as direct tax growth slows to 8%. Learn about the new compliance focus and collection targets.
National Award-winning director Sudha Kongara sparks debate, revealing she's paid half her male counterparts. She demands equal pay for equal work ahead of 'Parasakthi' release.
A Bengaluru man's detailed Reddit post reveals he earned Rs 2,220 in 4 days as a part-time Rapido captain. His breakdown of hours, fuel costs, and night incentives offers a rare, transparent look at gig work income in India. Read his full story.
Zomato CEO Deepinder Goyal argues the gig economy forces consumers to confront inequality daily. He defended platform work after a strike, saying it makes the working class visible.
Mumbai's M-East ward, ranked lowest in HDI in 2009, still battles poor health, pollution & neglect. Locals demand action on BMC's unfulfilled roadmap. #Mumbai #UrbanInequality
PIB Fact Check refutes viral social media claim of an 85% tax on transactions over ₹10 lakh. No such tax exists. Read details on the new Income Tax Act 2025 and its simplified rules.
A comprehensive analysis of crucial 2025 global reports on climate, health, inequality, and innovation, detailing India's standing for UPSC aspirants preparing for 2026 exams.
The 50th All India Sociological Conference concluded at SRM University–AP, Vijayawada. Over 1,800 scholars discussed mobility, inequality, and new sociological paradigms. Read the full report.
Taxpayers can file revised ITR until Dec 31, 2025 for AY 2025-26. Learn how to check your refund status online and understand common reasons for processing delays.
Telangana's per capita income is set to hit $5,000, surpassing nations like Pakistan and Nepal. Driven by GCCs and steady growth, the state's economy is reshaping its global standing. Explore the full analysis.
NITI Aayog's new paper recommends decriminalising many income tax offences to shift from fear to trust-based compliance. Could this reform boost investment and ease business?
Exploring how language and literature in India reflect and reinforce deep social and economic divides. Discover the historical context and modern implications for education and identity.
Karnataka's economic growth is overshadowed by stark regional inequalities. An urgent policy overhaul is needed to ensure balanced development across the state. Read the full analysis.
Taxpayers have until January 31, 2025, to file revised income tax returns for AY 2025-26. Learn the step-by-step process and crucial rules for correcting errors in your ITR.
India's upcoming Household Income Survey 2026 aims to close a decades-long data gap on what homes earn, moving beyond consumption for better policy. Read how this will reshape economic understanding.
The Income Tax Department's CPC has a strict deadline to process ITRs. If missed, your filed return is deemed accepted. Learn how to claim your refund if delayed.
Income Tax Dept sends bulk SMS/emails about refunds on hold due to mismatched ITR details. Taxpayers must file revised return by Dec 31. Learn how to fix errors.