The issue involved taxability of interest earned from statutory deposits. The tribunal held that such income is attributable to business activities and qualifies for deduction. This highlights the ...

Nominal interest rates have real effects. Residential mortgages and other real world debt contracts require a sequence of constant nominal payments. Combined with payment-to-income constraints, these ...

Cardiac anesthesiologists experienced a rise in nominal income from 2020 to 2024. However, their inflation-adjusted income and work patterns remained mostly unchanged. Meanwhile, their satisfaction ...

The European Central Bank (ECB) has released the latest results / findings from the consumer expectations survey results, covering the April 2024 period. When compared with March 2024, the ECB update ...