Economy

2022-23 Budget Introducing Agriculture Infrastructure And Development Cess

Every financial year in our Indian Economy begins with laying down the budget in our parliament. The budget is mentioned under Article 112 of our Indian Constitution. The government prepares welfare policies as per the needs of the people, and so introduces various laws, rules, taxes, cesses etc. One such item is the Agriculture Infrastructure, […]

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Economy, UPSC

1st Non-Banking Finance Company to Receive RBI Nod to Enter into Co-Branding

Transcorp International is India’s first non-banking finance company to receive an RBI nod to enter into co-branding with banks. The non-banking finance company and the bank will jointly offer a full-service product suite of joint co-branded credit cards, debit cards, and merchant acquiring services to customers. As per the decision made by RBI in October

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Economy, UPSC

15th Finance Commission Constitutes Committee to Review Fiscal Consolidation Roadmap

The fiscal consolidation roadmap, the Central Government, is one of the terms of reference of the 15th Finance Commission. The 15th Finance Commission was constituted on November 27, 2017, under Article 280 (1) read with Article 280 (3) (a) and (b) and paragraphs 1 and 2 of Part XVII B of the Constitution for making

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Economy, UPSC