Notes and Study material for Exams
Calculation Of Income tax (for salaried person and excluding house rent allowance) Salary is made up of various components such as: Basic salary, House rent allowance (HRA), Special allowance Other allowances, reimbursements etc. However, not all of the amount received as salary is fully taxable. A part of it will be fully exempt from tax … Read more
Chhattisgarh: changes in the sectoral distribution of income and EMPLOYMENT The Primary Sector, more specifically agriculture and allied activities, forms the base of the State’s economy and provides livelihood to 80 percent of the rural Population. The rural economy has a diversified base with agriculture and allied activities as the mainstay, accompanied by a thriving … Read more
BUDGETARY REFORMS Government bodies raise Money by imposing taxes on citizens and then use those funds to pursue various programs such as Education, defence,
Calculation of Income tax (for salaried person and excluding house rent allowance) Salary is made up of various components such as: Basic salary, House rent allowance (HRA), Special allowance Other allowances, reimbursements etc. However, not all of the amount received as salary is fully taxable. A part of it … Read more
Extension Activities: The government is taking up extension activities in a big way and utilizing the campaign modes to educate farmers in all possible forms. Polam Pilusthondi: The main objective of the scheme is to strengthen the extension reach at farmers’ doorstep for increasing productivity, profi tability, sustainability and explore the possibilities of … Read more
Profit and loss IMPORTANT FACTS Cost Price: The price, at which an ARTICLE is purchased, is called its cost price, abbreviated as C.P. Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P. Profit or Gain: If S.P. is greater than C.P., the seller is said … Read more
Question:Machineries in an Industry are an example of >>>WORKING CAPITAL >>>Fixed Capital >>>Financial Capital >>>Production Capital >>>option2 Question:Finished goods in an industry are an example of >>>Working Capital >>>Fixed Capital >>>Financial Capital >>>Production Capital >>>option1 Question:Money invested by a venture capitalist in an industry is an example of >>>Working Capital >>>Fixed Capital >>>Financial Capital >>>Production … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> OBJECTIVES OF SOCIAL LEGISLATION : Social legislation derives its inspiration from our constitution and has the following specific objectives: i)Removal of discrimination on the grounds of sex, religion, caste, class etc. and promotion of Equality to all. ii)Safeguard the rights of the weaker section such … Read more
Steps taken by the Government to reduce it. Regional imbalance is the disparity in economic and social development of two regions. One region/city/area is stronger than another region/city/area. Regions develop when investments are made to set up industries, service sectors, educational institutions, Health care facilities etc. Income inequality is the unequal distribution of household or individual income across the various participants … Read more
NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more