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India's silent income crisis
Household finances, workers’ wages, agricultural income are going down, severely damaging key growth engine—consumption
Household finances, workers’ wages, agricultural income are going down, severely damaging key growth engine—consumption
Price hikes in small cars due to regulations are quite steep whereas salary hikes have not happened to that extent, says Maruti Suzuki senior executive Partho Banerjee
Monthly incomes of long-shift food delivery workers plunged 11% to ₹11,963 in May 2022 from ₹13,470 in 2019
As net profit for FY23 was negative, Wipro determined that no commission was payable to Rishad Premji
With this, the salary increase in India continues to be the highest across the APAC region.
Some sectors have decreased the forecast to 7-8% in line with the organisation's performance, says Mercer.
Both pre-pandemic slowdown and pandemic crisis disproportionately hurt lowest income group, while sparing others.
The petitioner told the high court that the income tax slabs as per the current Finance Act were in conflict with the EWS category cap on annual income.
Despite a tough few months, India continues to project the highest salary increases among the BRIC nations in 2022.
Infosys follows Tata Consultancy Services in giving salary hikes to employees on the back of a strong Q2 performance.