There is a growing opinion among states that tech giants are exploiting tax rules and there is need to establish a global framework to tax them from where they operate.
Insolvency and Bankruptcy Code: A Performance Review What is IBC? Insolvency and Bankruptcy Code, 2016 is considered as one of the biggest insolvency reforms in the economic history of India. This was enacted for reorganization and insolvency resolution of corporate…
Agricultural credit in India Agricultural credit is considered as one of the most basic inputs for conducting all agricultural development programmes. In India, there is an immense need for proper agricultural credit as Indian farmers are very poor. From the…
What is Strategic disinvestment? Simply, strategic disinvestment is transferring the ownership and control of a public sector entity to some other entity (mostly to a private sector entity). Unlike the simple disinvestment, strategic sale implies some sort of privatisation. The…
Fiscal Federalism in India Fiscal Federalism refers to the division of responsibilities with regards to public expenditure and taxation between the different levels of the government. The Government of India Act 1919 and 1935 formalized the tenets of fiscal federalism…
Gig Economy A gig economy is a free market system in which temporary, flexible jobs are commonplace and companies tend toward hiring independent contractors and freelancers instead of full-time employees. A gig economy undermines the traditional economy of full-time workers who rarely…
Financial Action Task Force FATF : Recently in News The Financial Action Task Force FATF last year placed Pakistan on the grey list of countries whose domestic laws are considered weak to tackle challenges of money laundering and terrorism financing. The…
Compensatory Afforestation Fund Management and Planning Authority (CAMPA) Recently in news Centre releases Rs.47,436 crores for afforestation to various states from CAMPA funds What is CAMPA? Supreme Court of India ordered for establishment of Compensatory Afforestation Fund and Compensatory Afforestation Fund Management and…
Reserve Bank of India (RBI) decided to transfer Rs.1,76,051 crore to the Central Government after accepting recommendations of the Bimal Jalan Committee.