Tax

Issues related to National Integrity and Security :

Table of contents:- Potential Areas Of Socio-political conflicts between and within Indian States, Traditional, Contemporary and Emerging Threats Internal and External Threats; Threats of Conflicts, Naxal Problems, Terrorism, Trans-border Infiltration and Insurgency Issues, Communalism, Organised crimes, Cyber issues, Drug trafficking and other such issues. [su_heading size=”21″]Potential areas of socio-political conflicts between and within Indian States,[/su_heading] … Read more

Profit Loss

 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

Subsidies and cash transaction

A subsidy is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. Direct Cash Transfer Scheme is a POVERTY reduction measure … Read more

Challenges of corruption

Challenges of Corruption Corruption is an age old phenomenon and can be seen everywhere now a days. It is like a cancer in public life, which has not become to rampant and perpetuated overnight, but is course of time. The word corruption means destruction, ruining or spoiling a Society or nation. A corrupt society is … Read more

Tax Laws

 Tax Laws: Laws relating to income, Profits, Wealth tax, Corporate tax The Income-tax Act, 1961 The Income tax Act, focusing on the rules and regulations of tax regulation, was initially put into existence in the year 1961. Under this act, everything related to Taxation and more are mentioned which also includes collection and … Read more

FRACTIONS

Fractions Any unit can be divided into any numbers of equal parts, one or more of this parts is called fraction of that unit. e.g. one-forth (1/4), one-third (1/3), three-seventh (3/7) etc. The lower part indicates the number of equal parts into which the unit is divided, is called denominator. The upper part, which indicates the number of … Read more

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

Indian Public finance: Indian tax system

India has a well developed Taxation structure. The tax system in India is mainly a three tier system which is based between the Central, State Governments and the Local Government organizations. In most cases, these local bodies include the local councils and the municipalities. According to the Constitution of India, the government has the right … Read more