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  • Cess: Meaning and Types in India

    CESS is tax on tax and usually levied for the specific purposes. Once its purpose is solved they are stopped. Unlike the other taxes that have to be shared with other Indian states, the centre keeps the entire amount raised from the Cess. The collection through the CESS is kept in the Consolidated Fund of India. As of now there are 6 types of Cess imposed in India.

    Feb 20, 2019
  • List of Smart Cities in Uttar Pradesh

    The Smart Cities Mission (SCM) is a holistic city programme to build 100 cities in India. It was launched on June 25, 2015 by the Prime Minister Narendra Modi. The objective of the Smart Cities Mission is to promote cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment or to provide better basic facilities to the citizens of the country.

    Feb 15, 2019
  • Smart City Project: Detailed Information at a Glance

    The Smart Cities Mission (SCM) is a holistic city programme to build 100 cities in India. It was launched on June 25, 2015 by the Prime Minister Narendra Modi. The prime objective of this Smart Cities Mission is to promote cities to upgrade infrastructure and provide better basic facilities to the citizens of the country.

    Feb 14, 2019
  • List of Centrally Sponsored Scheme and Expenditure on them?

    The schemes run by the Central Government are divided into 3 categories. These categories are ‘Core of core schemes’, Core schemes and major Central Sector Schemes. There are around 6 schemes in the list of ‘Core of core Schemes’ and 28 schemes in the Core Sectors. Core of Core Schemes are fully funded by the Central government.

    Feb 12, 2019
  • List of Governors of Reserve Bank of India

    Since its establishment in 1935, by the British colonial government, 25 people have worked as the governor of the Reserve Bank of India. The first Governor of the Reserve Bank of India was British banker Osborn Smith, while C.D. Deshmukh was the first Indian Governor of Reserve Bank of India. At present, the Governor of Reserve Bank of India is Shashikant Das, who took charge on 12 Dec. 2018.

    Feb 11, 2019
  • What is Money Laundering and how is it done?

    Money Laundering refers to converting illegal earned money into legitimate money. So Money Laundering is a way to hide the illegally acquired money. The government does not get any tax on the money earned through money laundering, because the government does not have any accounting for this money.

    Feb 8, 2019
  • What is Chit Fund and how does it work?

    Chit fund is defined as per the Section 2(b) of the Chit Fund Act, 1982. According to this act; A chit fund is a type of rotating savings and agreement among different persons i.e. friends, relatives, neighbours and family members to subscribe a certain sum of money for a specified period of time. Chit funds are often microfinance organizations. Chit Funds are also known as the Chitty, Kuree, chit.

    Feb 7, 2019
  • List of Important Committees and Commissions in India

    There are many committees and commissions are made in India in various fields. There are many reforms taken place in our country on the basis of the recommendations of these committees and commissions. It is observed that many questions are asked in the exams based on these committees and commissions. So students need to remember them.

    Feb 6, 2019
  • 6 Amazing Questions on Indian Budget You Never Knew

    The Union Budget of India, which is known also as the ‘Annual financial statement’ in the Article 112 of the Indian Constitution. The first Union budget of independent India was presented by R. K. Shanmukham Chetty on November 26, 1947. Former Prime Minister Manmohan Singh and former finance minister Yashwant Sinha are the only two leaders who presented the Union Budget of India 5 times consecutively.

    Jan 31, 2019
  • Union Budget of India: Definition and different types

    ‘Budget’ is a systematic list of items of revenue and expenditure of the government of a defined duration or we can say it’s a plan for the income and expenditure of the government for the present, past and future financial years.

    Jan 31, 2019
  • What is Cow Cess and which Indian States impose it?

    Some states in the country have decided to levy 'Cow Cess' in order to arrange the fund for care of the stray animals. The tax rate varies from state to state and ranges from 2% to 20%. This tax is mainly levied on luxury goods and services so that it does not affect the poor people. In this article we are publishing the information on the cow cess.

    Jan 15, 2019
  • Why is US Dollar considered as most strong Currency of the World?

    In today’s world around 80% world trade take place in dollars. About 39% of the world's loans are given in US dollars and 65% dollar supply is used outside of the United States. It is surprising to see that most trading countries of the world accept payment in dollar. That's why foreign banks and countries demand dollar for international trade. Let us know through this article that why dollar is known as the strongest currency in the world?

    Dec 20, 2018
  • How can you verify your fake GST bill

    The Indian government has decided to implement the Goods and Services Tax (GST) in the entire country from July 1, 2017. So all the restaurants which have registered themselves with the government of India and do not have air conditioner (AC) will have to pay GST at the rate of 12% and those restaurants which have air conditioner in their premises will have to pay GST at the rate of 18%.

    Dec 14, 2018
  • List of Reports Published by International Organisations

    There are many reports of different subjects published by the different International organisations. In this article we have compiled some of the most popular and important reports to help the aspirants of the different examinations like IAS/PCS/SSC/Banking/CDS and other one day exam held across the country.

    Dec 10, 2018
  • Why is India Constructing Strategic Petroleum Reserves?

    To ensure energy security for the country, India is making strategic petroleum reserves to store crude oil under the ground. These rocky caves are man-made. India has already underground caves of 5.33 MMT storage in three places. These include Visakhapatnam (1.33 MMT), Mangalore (1.5 MMT) and Padur (2.5 MMT).

    Dec 5, 2018