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As more and more work gets automated, is it a good idea to levy a "UBI Contribution Tax" on companies beyond a certain Revenue per Employee threshold? (UBI = Universal Basic Income, a proposal to give all citizens a minimum income to fulfill basic n

The UBI Connection As we discuss AI's impact on jobs, Universal Basic Income (UBI) emerges as a potential solution to mitigate the displacement effects. UBI could provide a safety net, allowing individuals the freedom to adapt, learn new skills,

Sam Altman, the CEO of OpenAI, funded a study on universal basic income (UBI) through OpenResearch. The study gave money to 3,000 people over three years to see how it would affect their choices. The study found that most people used the money fo

Why India’s Tax Stats and Gold Love Tell a Unique Investment Story Did you know only 5.9 percent of India’s vast population pays income tax, but nearly every household treasures gold not only as jewellery but as a trusted financial foundation? Here

AI will be coming for your job. There’s no secret about that. 📉 This chart shows how S&P 500 companies went from needing 7 workers to just 2 to generate $1M in revenue. It’s not just automation—it’s a paradigm shift. Here’s what’s coming: By 203

🌸 Breaking Barriers, Building Futures 🌸 The Mukhyamantri Samuhik Vivah Yojana by the Government of Uttar Pradesh is a revolutionary step to uplift the underprivileged. It recognizes that marriage should be a joyful occasion, not a financial burden

Daily dose of financial ratios by Anirudh Gupta Debt service coverage ratio: =Earnings available for debt services/(Interest+Installments) Where earnings available for debt services are EBITDA or EBIT based on the case. Purpose: -Yesterday,we d

The Subhadra Scheme marks a transformative step by the Odisha Government towards building an inclusive and empowered society for women. Launched by Prime Minister Narendra Modi on 17 September 2024, the scheme ensures direct financial support to wome

Time in the market is more important than timing the market. We have all heard that. We have all seen charts like the one given below. However, I do have a problem with blanket statements like that. If you are an early retiree like me or someon