There are two lakh ATMs and 80 crore debit cards currently in use. * * *
Only 1.23 million people pay tax in India. * * *
India’s construction sector accounts for about eight per cent of GDP and employs about 40 million people. * * *
India is the world’s second biggest gold buyer, and it is estimated that one-third of its annual demand of up to 1,000 tonnes is paid for in black money - untaxed funds held in secret by citizens that don’t appear in any official accounts. * * *
The Indian Railways received 1.1 lakh ideas from its employees as of November 1 in response to the question: What if you were India’s railway minister? * * *
Given the staff strength of the Income Tax department, it can assess 600,000-700,000 cases a year. * * *
There has been a fall of 50% in the number of start-ups that have reportedly been registered with the Indian Institutes of Technology (IITs) for recruitment this year. *....
