taxes

Sources of Income of Central Government

Sources of Income of Central Government As we all know that India is a democratic country and the main aim of the government here is to increase the welfare of the people not the profit of the government. To increase the welfare of the people the Government of India has to start welfare oriented schemes. … Read more

Pattern Of Revenue Expenditure

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> In India, government expenditure – as per the provision in the Constitution – is divided into Revenue Expenditure and Capital Expenditure. However, the adoption of economic planning shifted emphasize on the division of expenditure into Plan and Non-Plan. The share of Non-Plan expenditure has remained close … Read more

State Finances And Local Finances

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> 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 … Read more

Andhra Pradesh Public finance and fiscal policy

Andhra Pradesh PUBLIC FINANCE and Fiscal Policy   Introduction: The economy of the State of Andhra Pradesh is developing at a phenomenal amazing rate and is among the top entertainers of the Country regardless of the considerable number of challenges what’s more, negative conditions, the State endured as result of bifurcation. The Government through its … Read more

BUDGETING

Budgeting Budgeting is the process of estimating the availability of Resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-Economic Development … Read more

Tobin tax

The subtopics of Tobin tax are: History Rationale Design Implementation Effects Criticisms Alternatives Evasion and avoidance Future prospects A Tobin tax is a small tax levied on all financial transactions, such as currency exchanges, stock trades, and bond sales. The tax is named after James Tobin, an American economist who first proposed it in 1972. … Read more

Carbon Tax

Here is a list of subtopics on carbon tax: Carbon tax definition Carbon tax history Carbon tax theory Carbon tax policy Carbon tax implementation Carbon tax effectiveness Carbon tax economic impact Carbon tax political impact Carbon tax social impact Carbon tax environmental impact Carbon tax alternatives Carbon tax future I hope this is helpful! Let … Read more

Distribution of Tax Revenues

Distribution of Tax Revenues Introduction Taxes are a necessary evil. They fund the government and provide essential services, but they can also be a burden on taxpayers. The distribution of tax revenues is a complex issue, and there is no one-size-fits-all solution. In this article, we will explore the different ways that tax revenues can … Read more

Money Bill

A Money Bill is a bill that deals with the imposition, abolition, alteration, regulation, or remission of any tax; the borrowing of money by the government; the custody of the public money; the issue of currency or coinage; or the borrowing, lending, or repayment of money on the security of the public revenue. Money Bills … Read more