12-Apr-2025
Inheritance Tax is a direct tax levied on individuals who inherit assets or property from a deceased person.
12-Apr-2025
The Ministry of Panchayati Raj launched the Panchayat Advancement Index (PAI) to measure the overall development of Gram Panchayats.
12-Apr-2025
Inverted Duty Structure (IDS) is a phenomenon within the indirect tax system, particularly under the Goods and Services Tax (GST), where the import duties on raw materials or input goods are higher than the tax rates levied on finished goods.
11-Apr-2025
The Insolvency and Bankruptcy Code (IBC), 2016 is a comprehensive bankruptcy law enacted to consolidate and amend existing laws related to insolvency and bankruptcy for companies, individuals, and partnership firms.
11-Apr-2025
Asset Reconstruction Companies (ARCs) are specialized financial institutions that purchase Non-Performing Assets (NPAs) or bad loans from banks and financial institutions.
11-Apr-2025
The Household Savings Rate refers to the proportion of household income that is saved rather than consumed.
11-Apr-2025
On April 9, 2025, the US has imposed new sanctions on Iran's nuclear program ahead of nuclear talks with Iran. Iran's development of nuclear weapons can pose a serious threat to the Middle East as well as overall global security.
10-Apr-2025
Objective: To establish a uniform framework for the recognition and functioning of Self-Regulatory Organisations (SROs) across all financial sectors regulated by the RBI.
10-Apr-2025
Non-Banking Financial Companies (NBFCs) are financial institutions that perform many banking-like functions, but they are not banks.
10-Apr-2025
Microfinance refers to the provision of financial services such as microcredit, savings, insurance, and remittances to low-income and underserved populations, especially those excluded from traditional banking services.
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