Notes and Study material for Exams
Navigating the Complexities of Advanced Pricing Agreements (APAs) The globalized nature of modern business has led to an increasing complexity in international tax matters. Multinational corporations (MNCs) often face challenges in determining the appropriate transfer pricing for transactions between their subsidiaries in different countries. This can lead to disputes with tax authorities, resulting in costly … Read more
Citizenship Relationship between an individual and a state to which the individual owes allegiance and in turn is entitled to its protection. Citizenship implies the status of freedom with accompanying responsibilities. Citizens have certain rights, duties, and responsibilities that are denied or only partially extended to aliens and other noncitizens residing in a … Read more
Permanent Lok Adalats: A Beacon of Alternative Dispute Resolution in India Introduction India, with its vast population and complex legal system, faces a daunting challenge in ensuring timely and efficient dispute resolution. The traditional court system, burdened by a backlog of cases, often fails to provide swift justice. Recognizing this need, the Indian legal framework … Read more
Mesolithic Period- Food producers The period of the earth’s history called the Stone Age was filled with remarkable achievements, made by early humans who roamed the globe following large animals around for food and for clothing. These early nomadic humans called hunter-gatherers needed tools and weapons that would be strong enough to take … Read more
Bahadur Shah 1 (1707-12) Muzam succeeded Aurungzeb after latter’s death in 1707 He acquired the title of Bahadur Shah. Though he was quite old (65) and his rule quite short there are many significant achievements he made He reversed the narrow minded and antagonistic policies of Aurungzeb Made agreements with Rajput states Granted sardeshmukhi to … Read more
Navigating the Global Tax Landscape: A Guide to Double Taxation Avoidance Agreements (DTAA) The globalized economy has fostered a complex web of international business transactions, leading to a potential for double taxation â a situation where the same income or capital is taxed twice by different countries. To mitigate this risk and promote cross-border investment, … Read more
Article 35A: A Controversial Clause in the Indian Constitution Article 35A of the Indian Constitution is a controversial provision that grants special status to the state of Jammu and Kashmir (J&K). It was added to the Constitution through a Presidential Order in 1954, without any parliamentary debate or discussion. This article has been a subject … Read more
The Tashkent Declaration: A Landmark for Regional Cooperation and Stability The Tashkent Declaration, signed on January 10, 1966, stands as a pivotal document in the history of Central Asia and the broader Cold War era. It marked the end of the Second Indo-Pakistani War, a conflict that threatened to escalate into a nuclear confrontation between … Read more
Magnetism Magnetism is one aspect of the combined electromagnetic force. It refers to physical phenomena arising from the force caused by magnets, objects that produce fields that attract or repel other objects. All materials experience magnetism, some more strongly than others. Permanent magnets, made from materials such as iron, experience the strongest effects, … Read more
Structure Of Government And Economic Policies Of British Empire In India (1757- 1857) : Administrative organization, Social and Cultural policies Structure of government under east India company (1757-1857) When the officials of the East India Company acquired control over Bengal in 1765, they had little intention of making any innovations in its administration. They only … Read more