Inflation plays a crucial role in GDP measurement by influencing consumer spending, production costs, and overall economic ...

Overall, real household income on a per capita basis rose by 0.2% in the third quarter, the OECD said in a report Tuesday.

A reduction in Nigeria’s per capita income means that, on average, Nigerians are earning less or that economic growth has not ...

The World Bank’s recent reclassification of Guyana as a high-income country marks a historic milestone, largely fuelled by its burgeoning oil sector. This economic leap reflects remarkable GDP ...

Reacting to the Finance Minister’s move to exempt annual incomes up to Rs 12 lakh from income tax under the new regime, ...

The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...

The government of Rwanda has said that it targets to increase its tax to gross domestic product (GDP)ratio from the current 14.6 per cent to 19 per cent by 2029, as the country seeks to accelerate ...

After Union Finance Minister Nirmala Sitharaman rejigged the income tax regime in the Budget 2025-26, IMF Executive Director Krishnamurthy V Subramanian said the move could raise consumption by 10% an ...

MPC voted unanimously to maintain 'neutral' policy stance, says RBI's Sanjay Malhotra; Jul-Sept GDP growth forecast to 7.0% ...