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India Insights

Detailed Analysis of The Defence Budget 2018-19

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 […]

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BLOG India Insights

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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India Insights

GST Reform: The Bigger Picture

GST is not merely a product of objective analysis. The national debate on its implementation is a case in point i.e. to be weighed upon a broader taxation policy perspective. The question at stake is the viability of taxation policy in the whole, which is a dire reflection of the economic policy, highly apprehended by […]

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Free Notes & Magazines

Full Economic Survey 2017 Volume 2 : Detailed Analysis

Download Latest Economic Survey 2017- 2018 ~ Click Here  Click Here to Download Full Economic Survey Volume-2 2017 PDF Click Here to Download Highlights of Economic Survey Volume-2 2017 PDF Click Here to Download Economic Survey Volume-1 2017 PDF (Released on January 2017) With Detailed Analysis Economic Survey 2016-17 Volume 2 was laid in the Parliament yesterday. The Survey […]

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India Insights

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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India Insights

Consolidation in Telecom

There is little to surprise in the ongoing consolidation moves in the telecom industry, the latest of which is the proposed merger of Vodafone with Idea. Increasing pressure on profitability, high cost of spectrum, cut-throat competition and slow regulation have combined to force telecom operators to look inwards in order to survive. These mergers and […]

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India Insights

Know About PARA: The Public Sector Asset Rehabilitation Agency

The RBI has thrown a variety of time-tested ideas at the bank bad loan problem in the last three years; but the issue refuses to go away. It first allowed banks to restructure loans. When that didn’t work, asset quality reviews were undertaken to force banks to come clean. Bank managements were then empowered to […]

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India Insights

A Clear Understanding of Real GST

In the long run-up to introducing GST, the Government was so focused on State governments and negotiating their claims for compensation that it appeared to have missed the fact that India has seven Union Territories that also need to come on board. Out of the seven, only Delhi and Puducherry have their own legislatures, which […]