Notes and Study material for Exams
The Government of India enacted the Information Technology (I.T.) Act with some major objectives to deliver and facilitate lawful electronic, digital, and online transactions, and mitigate cyber-crimes. The original Act contained 94 sections, divided in 13 chapters and 4 schedules. The laws apply to the whole of India. Persons of other nationalities can also be … Read more
Tax Expenditures: Hidden Subsidies in Plain Sight Tax expenditures, often referred to as “tax breaks” or “tax loopholes,” are provisions in the tax code that reduce tax liability for specific individuals, businesses, or industries. They deviate from the standard tax system by offering preferential treatment, effectively providing a subsidy through the tax system. While seemingly … Read more
The 42nd Amendment Act: A Landmark Shift in India’s Constitutional Landscape The 42nd Amendment Act of 1976, enacted during the Emergency period under Prime Minister Indira Gandhi, stands as a pivotal moment in the evolution of the Indian Constitution. This amendment introduced significant changes to the fundamental structure of the Constitution, altering the balance of … Read more