India is still struggling with the issue of income verification.
While many Indians still struggle to make ends meet, income verification has become a hot-button issue in the country, and the government has announced a series of measures to combat it.
The government announced a slew of measures in July to combat the problem of income-based subsidies.
Here’s how it’s going.
Tax rates, including exemptions, are likely to go up.
A new tax on foreign income will be introduced in July, with exemptions for non-resident Indians, those with no foreign assets, and students from the IT and science colleges.
India’s government says that the new tax will be applied on all incomes, regardless of whether they are taxable by the central or state governments.
The move will increase the number of taxpayers who are exempt from the tax.
In addition, the government is considering introducing a new tax system for income taxes in India.
This is a proposed tax system that will include a flat rate on income tax, which would be calculated based on income, rather than taxable income.
The idea behind this system is to increase transparency in India’s tax system, while also ensuring that tax revenue is shared equally among the various levels of government.
There will be an increase in minimum wage.
Under the new system, minimum wage rates will increase from 1.2 rupees ($0.11) per hour to 2 rupees per hour.
This will be phased in over the next few years, with the maximum wage rate of 3.5 rupees being introduced in 2019.
While the minimum wage has been a hot topic in India, the new minimum wage will be the first in the world.
Indian Prime Minister Narendra Modi has been touting the new rate of minimum wage in his election campaign.
The increase will be in line with the global average of 1.9 rupees (about $0.20) per day, but it’s likely to be higher than that, because it’s not yet clear how many jobs will be affected by this increase.