Abolition of Angel Tax in Union Budget 2024-25
The finance minister announced the elimination of the angel tax for all investors during the 2024 budget presentation. About Angel
What Is the Equalisation Levy under Finance Act 2016?
The government proposes withdrawing a 2% equalisation levy on non-resident e-commerce companies. About Equalisation Levy: Ref: Source UPSC IAS Preparation
Section 19 of Prevention of Money Laundering Act
The Supreme Court highlighted the contentious issues surrounding Section 19 of PMLA (Prevention of Money Laundering Act). About Section 19
What causes food inflation?
Table of Content What is Inflation? What causes inflation? 1. Demand-Pull Inflation: 2. Cost-Push Inflation: 3. Built-In or Wage-Price Inflation:
Scheme to Provide Partial Reimbursements to Exploration Licence Holders
The government introduced a new scheme to provide partial reimbursements to exploration licence holders for their expenses. About the Scheme
Front Running
Quant Mutual Fund has been suspected of front-running by the Securities and Exchange Board of India (Sebi). About Front Running:
GST Council
The 53rd Goods and Services Tax (GST) Council met under the Chairpersonship of the Union Minister for Finance and Corporate
Priority Sector Lending (PSL) norms
The Reserve Bank of India (RBI) has updated its Priority Sector Lending (PSL) guidelines. Key Highlights of the Guidelines: UPSC
World Investment Report 2024
The UNCTAD (UN Trade and Development) has recently released the World Investment Report 2024. Key Findings: UPSC IAS Preparation Resources
Excessive Deficit Procedure
The European Commission has proposed initiating the Excessive Deficit Procedure (EDP) for France and six other EU countries due to