Windfall Tax
The government has recently reduced the windfall tax on domestically-produced crude oil. What is Windfall Tax? Comparison with Regular Taxes:
Unified Pension Scheme
The Cabinet has recently approved the Unified Pension Scheme (UPS) for central government employees, with the aim to provide a
Prompt Corrective Action (PCA) Framework for UCBs
The Reserve Bank of India has introduced a new Prompt Corrective Action (PCA) Framework for Urban Co-operative Banks (UCBs). Key
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
Union Budget as litmus test of a rethink or stasis | Editorial Notes
The Union Finance Minister is set to present the Union Budget 2024. Content Introduction: Budget Components and Fiscal Framework: Employment
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
Viability Gap Funding Scheme
The Union Cabinet, chaired by the Prime Minister, recently approved the Viability Gap Funding (VGF) scheme to support the development
Cash Management Bills (CMBs)
Cash Management Bills (CMBs) are important instruments issued by the central government. They are issued by the Reserve Bank of