
KEY FEATURES OF BUDGET 2022-23

INDEPENDENCE OF KASHMIR AND ADOPTION OF ARTICLE 370 When British sovereignty lapsed, Maharaja Hari Singh of Kashmir (J&K) executed a standstill agreement with Pakistan, as he had not decided to accede Kashmir to India or Pakistan. But during this standstill, Pakistan army raiders began advancing on Kashmir, and to retaliate this attack in October 1947, Maharaja …
Technology at your dinner table! Ordering food online through mobile apps? Think again! Zomato & The hotel were directed to pay ₹50,000 for deficiency in service and the remaining amount for mental harassment … Read More via A “Mental Harassment” Case on Zomato — THE FIRE
The events leading to the Karnataka elections, the results, floor test and the after math has captivated the mindset of the Indian voters and international audience alike. It demonstrates the repetition of India’s history, the political institutions at work vide their un-decorated discourses, platitudinous discussions and orthodox style of play. Such was the democratic hullabaloo …
Whenever I hear Europeans per se Indian equivalent of foreigners talking about the Indian middle class’ I often wonder what do they mean? What section of the Indian society are they referring to? Are they referring to the conventional wisdom consisting of the 601 million odd consumer class, or the few 100 million people with the ability to …
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This year Rs 4,04,365 crore allocated for the Ministry of Defence (MoD) out of which Rs 2,79,305 crore is earmarked for India’s defence budget and the balance was distributed between MoD (Miscellaneous) (Rs 16,206 crore) and Defence Pensions (Rs 1,08,853 crore). The growth in the defence budget and in the MoD’s overall allocation has been driven …
Continue reading "Detailed Analysis of The Defence Budget 2018-19"
There is a Three-Tier System of Government in India, The Central (or Union) Government, State Government and Local Government (like Municipal Corporation, Municipal Committee, Zila Parishad, etc.). These Governments prepare their own respective Budgets (called Union Budget, State Budget and Municipal Budget) containing estimates of expected revenue and proposed expenditure. However the Union Budget of India, …
Click Here to Download Union Budget 2018-19 Document (Press Information Bureau) Experts call it a budget for the rural population of India with not much for the middle class. Top Developments Total revenue expenditure of the government is ₹21.57 lakh crore. 100 per cent deduction to farmer-producer companies having ₹100 crore turnover. Corporate tax will …
Continue reading "Union Budget 2018-19 Top Developments Highlights"