Economy

Direct Benefit Transfer (DBT) was the program launched by the Government of India in 2013, during the Congress led UPA government’s regime. This program aims to transfer subsidies directly to the people through their bank accounts. Read this article to know more about the scheme and its benefits.   It …

The budget session 2015 of the Parliament has begun on 20th April 2015 in Lok Sabha. It will commence on 23rd April 2015 in Rajya Sabha. The session will continue till 8th May 2015. During this session, the Government has lined up many Bills to be passed to accelerate the …

  Foreign Trade Policy (it is also called as ‘EXIM Policy) is a set of guidelines and instructions in matters related to the import and export of goods in India. Indian EXIM Policy contains various policy related decisions taken by the government in the sphere of Foreign Trade, i.e., with …

  The Union government gets Rs.17,83,172 Crore to spend! Looks like a lot of money, isn’t it? Even with so much money, why don’t we get electricity 24/7, good roads and public utilities? A natural question that any citizen of this country will have. Agree?   Income Tax and Corporate …

We had posted an article about tax proposals of Union Budget 2015. Now in this article, let us understand the macro financial matters of the Government of India (GOI). This is more about numbers and figures. Let me try to make it interesting as much as I can!   How …

  It is that time of the year when tax planning becomes essential to reduce tax liability. Little bit of planning will help you to reduce your tax outgo on your share transactions.   Book loss and adjust against past profit if any and save tax. You can reduce your …

  Here are some of the important points of Karnataka Budget presented by CM Siddaramaiah on 13th March 2015.    1. Profession Tax – The exemption limit is increased from Rs.10,000 to Rs.15,000. (Note: Currently, the employees who are drawing salary between Rs.10,000 and Rs.15,000 are paying Rs.150 per month as …

This is in continuation of articles written about union budget 2015. One of the measures taken by the government is amendment of Section 269SS and 269T of Income Tax Act, 1961.   The existing provisions contained in section 269SS of the Income-tax Act provide that  no person shall take from …

All of us have read enough about the railway budget. So I thought of presenting the information in a different format and with lesser known facts. Hope this helps. The Issue – First and foremost we have to analyze the issue – the problem of Indian Railways. Each of us …

  As long as people are there to be fooled, so long there will be people to fool them. Day-in and day-out one would hear about people losing money from Ponzi (fraudulent) schemes. But still people get attracted to such schemes and land in financial loss. What a pity. Sorry …