Economy

The main question is what is company law and its types; we’ll look into that further. A company is a group of two or more people who work together to achieve a similar business goal. A corporation is a “Separate Legal Entity” with a distinct identity from its members. A firm can possess property in […]

Describing Poverty  Humanity is still a long way from achieving what has eluded it for thousands of years: a world free of poverty and hunger. However, in a large portion of the developing world, the last thirty years have brought us closer to achieving this goal. Millions of people’s lives have been transformed at a

Low level of economic development under the British colonial administration (Historical reason) This brought about fewer open positions and a low development pace of salaries, joined by a high development pace of the populace  The two converged to make the development pace of per capita pay exceptionally less Limited effects of Green revolution on some

The border adjustment tax (BAT) is a proposed tax levied on domestic companies that import goods into the U.S. Instead of taxing imports like we do today, the border adjustment tax would levy a tax on companies that import goods into the U.S. The rationale for the border adjustment tax is that it will reduce

The purpose of this is to establish few basic concepts relating to production, through the story of village Palampur.  Production: It is a process that is aimed to produce the goods and services that we want. There are four factors of production:  Land and other natural assets such as water, forests and minerals Labour: These

The Fifth Five Year Plan expected this approach India was among the inventors in the world to visualize that through public expenditure on social consumption needs, education, subsidized food grains, water supply, health, and sanitation, people’s living standards could be enhanced Three critical programs whose goal is to improve the food and nutritional status of

A base year can be mentioned as a reference year with which the values or statistical results from other years are compared. The index value of the base year is predictably set equal to 100. The base year is reflected to be normal i.e. a year without major economic conflicts or structural changes or a year

It refers to the process that includes the gathering, stockpiling, handling, transportation, bundling, reviewing, and circulation of various agrarian wares the nation over.  Here is a more detailed guide on Agricultural Market System and Sustainable Development. Pre-Independence situation: Faulty weighing of produce and account manipulation by traders while purchasing from the farmers Forced sales at

In a recent development, Expenditure Tax has been abolished in India. What is Expenditure Tax? Expenditure tax is a type of indirect tax which is levied on the expenditure incurred by individuals and businesses. The main difference between income tax and expenditure tax is that income tax is levied on the profits generated by an

We all want to invest in firms that are expected to develop quickly. Companies that expand swiftly frequently have the potential to double our investments and produce great wealth for us since stock prices reflect the rise in a company’s profits and profitability. Looking in the mid-cap area is a more logical method to identify