budgets of Uttar Pradesh

budgets of Uttar Pradesh Overview of UP economy:  State Budget Uttar Pradesh is the most populous state in India with a Population of ~200 million people. Uttar Pradesh Shares its borders with Nepal on the north, the Indian states of Uttarakhand and Himachal Pradesh towards the northwest, Haryana, Delhi and Rajasthan on the west, Madhya … Read more

Himachal Pradesh Public Finance and fiscal Policy

Himachal Pradesh PUBLIC FINANCE and Fiscal Policy In public finance we study the finances of the Government. Thus, public finance deals with the question how the Government raises its Resources to meet its ever-rising expenditure. As Dalton puts it, public finance is concerned with the income and expenditure of public authorities and with the adjustment … Read more

PUBLIC FINANCE-Fiscal Policy

PUBLIC FINANCE Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more

Telangana Public Finance and fiscal Policy

Telangana PUBLIC FINANCE and Fiscal Policy Basic Understanding of Public Finance Public finance as a concept may be understood on two levels – as a practical activity of all components of Public Administration and As a theoretical area. The term “public finance“ may be defined as the identification of specific financial relationships and functions running between … Read more

State finances and local finances. State finance commission

State Finances And Local Finances State finances The constitution (73rd and 74th) Amendment Acts, 1992 and ARTICLE 280 (3) (c) have altered the erstwhile fiscal devolution system and framework between the states and local governments. Under the new fiscal devolution system every State Government is required to constitute, once in five years, a Finance Commission … Read more

Defence Research and Development Organization (DRDO)

Defence Research and Development Organization (DRDO) The DRDO was formed in 1958 following the merge of the Technical Development Establishment (TDE) of the Indian Army, the Directorate of Technical Development & Production (DTDP) and the Defence Science Organisation (DSO).  DRDO laboratories conduct research in a number of fields, such as aeronautics, rockets and missiles, electronics … Read more

Madhya Pradesh Public Finance and fiscal Policy

Madhya Pradesh PUBLIC FINANCE and Fiscal Policy Basic Understanding of Public Finance Public finance as a concept may be understood on two levels – as a practical activity of all components of Public Administration and As a theoretical area. The term “public finance“ may be defined as the identification of specific financial relationships and functions running between … Read more

Mains Booster-Highlights of the budget,2019

Highlights of current year’s union budget and its analysis Highlights of the budget,2019 Income up to Rs 5 lakh exempted from Income tax Standard deduction raised to Rs 50,000 from Rs 40,000 Direct Tax proposals to provide Rs 23,000 cr relief to 3 crore taxpayers Persons with gross income up to Rs 6.50 lakh not … Read more

INDIAN PUBLIC FINANCE

Indian PUBLIC FINANCE Value Added Tax Under the constitution the States have the exclusive power to tax sales and purchases of goods other than newspapers There are however defects of sales tax It is regressive in nature. Families with low income a larger proportion of their income as sales tax. Has a cascading effect – … Read more

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