What is Finance Commission?

Finance Commission is a constitutional body, that determines the method and formula for distributing the tax proceeds between the Centre and states...

Finance Commission and its functions, finance commission members

What is Gross Domestic Product (GDP)?

Gross Domestic Product meaning: Gross Domestic Product, abbreviated as GDP, is the total value of goods and services produced in a country.

What is a simple definition of GDP, What is GDP of a country

What is Union Excise Duty?

Union Excise Duty meaning: This is a duty on manufactured goods, which is levied at the time of manufacture.

Union Excise Duty meaning, what does excise duty mean, how does excise duty work

What is Inflation?

Inflation meaning: Inflation refers to the rise in the prices of most goods and services of daily or common use, such as food, clothing, housing etc.

inflation in india, what is inflation and example

What is Union Budget?

Union Budget of India is the country's comprehensive Annual Financial Statement. The Union Budget consists of a detailed account of the government’s finances, its revenues and expenditures.

union budget of India, union budget meaning, what is the annual budget of india

What is Current Account Deficit?

Current Account Deficit meaning: CAD is the shortfall between the money flowing in on exports, and the money flowing out on imports.

current account deficit meaning, current account deficit formula, current account deficit CAD India

What is Index of Industrial Production (IIP)?

Index of Industrial Production meaning: IIP is an index that tracks manufacturing activity in different sectors of an economy.

index of industrial production, iip index, index of industrial production india

What is cess?

Cess meaning: Cess is a form of tax charged/levied over and above the base tax liability of a taxpayer.

income tax department, raid, search, seizure, real estate, foreign assets, hawala, chopper scam, jewellery

What is an Interim Budget?

What is Interim Budget Meaning: An Interim Budget is presented during the transition period when a new government is due to take over but the ruling government needs Parliament's go-ahead to take out

What is an Interim Budget, Interim Budget Meaning
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


Stock Market