5 months ago Tags Economic Policies Windfall Tax The government has recently reduced the windfall tax on domestically-produced crude oil. What is Windfall Tax? Comparison with Regular Taxes:
6 months ago Tags Economic Policies Unified Pension Scheme The Cabinet has recently approved the Unified Pension Scheme (UPS) for central government employees, with the aim to provide a
7 months ago Tags Banking 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
7 months ago Tags Economic Policies 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
7 months ago Tags Digital Economy 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
7 months ago Tags Economic Planning 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
8 months ago Tags Anti-Corruption Front Running Quant Mutual Fund has been suspected of front-running by the Securities and Exchange Board of India (Sebi). About Front Running:
8 months ago Tags Economic Policies GST Council The 53rd Goods and Services Tax (GST) Council met under the Chairpersonship of the Union Minister for Finance and Corporate
8 months ago Tags Economic Planning Viability Gap Funding Scheme The Union Cabinet, chaired by the Prime Minister, recently approved the Viability Gap Funding (VGF) scheme to support the development
8 months ago Tags Cash Management Bills Cash Management Bills (CMBs) Cash Management Bills (CMBs) are important instruments issued by the central government. They are issued by the Reserve Bank of