When road accidents occur, the law insists on knowing one’s income before assigning value to one’s life. This violates the ...

The Supreme Court corrected errors in income and disability evaluation in a motor accident claim. It held that notional income under the Second Schedule was inappropriate and recalculated compensation ...

In a significant policy overhaul, MGNREGA, the mother of all dole schemes conceived as a right-based statute, mandating 100 ...

Learn how the marginal propensity to save (MPS) impacts economic decisions and calculations. Discover its role in Keynesian economics and how to calculate MPS effectively.

A growing number of Americans are rethinking retirement as smart investors prove that flexibility, multiple income streams ...

Lakhs of central government staff and pensioners are waiting for a major 8th Pay Commission salary hike from 1 January 2026.

The Fitment Factor is a multiplier used to determine the new basic salary by multiplying it by the existing basic salary. Its ...

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Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Education Images / Getty Images Fiscal ...

Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...

Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans ...