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What are the Implications of Union Budget 2018-19 on the livelihood of the Indian Middle Class?

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, […]

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GST Explained : Understanding The New Generation Tax Regime

What is GST? The Goods and Services Tax is meant to be a unified indirect tax across the country on products and services. In the current system in India, tax is levied at each stage separately, by the Centre and the State, at varying rates, on the full value of the goods. But under the […]

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Compiled Government Schemes & Initiatives Question Bank

This is an Exclusive Prelims Special Question Bank  containing 83 Questions from various Government Schemes & Initiatives from June 2016-May 2017 to enhance your preparation level and to test your progress. You may write your answers in the comment section below. Please Note: Answer Bank  will be provided to the Interactive Participants Only via Email. Q […]

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India Insights

Are You VIP

Are you a VIP person? May be or may be not. But in India this word is no more. Last month the Indian government made a decision to curb Red/Blue beacon vehicle that has enhanced the feeling of inequality among the society. Someone who is considered as VIP or VVIP , seemed to be a […]