The second World Congress on Disaster Management (WCDM) has started in Visakhapatnam, Andhra Pradesh. The 4-day conference was inaugurated by Andhra Pradesh Chief Minister N. Chandrababu Naidu and...
World Anti-Doping Agency (WADA) has suspended Russia’s anti-doping agency RUSADA for being non-compliant with the global body’s anti-doping charter in sports. This decision was unanimously passed by WADA’s...
Former Gujarat Governor and Chief Election Commissioner (CEC) Ram Krishna Trivedi passed away in Lucknow, Uttar Pradesh after prolonged illness. He was 94. Mr. Trivedi had served as...
The Cabinet Committee on Economic Affairs (CCEA) has decided to pay a production-linked subsidy of Rs 4.50 per quintal directly to sugarcane farmers in the current crushing season....
50 districts out of total 75 in Uttar Pradesh have been declared drought-hit by the state government led by Chief Minister Akhilesh Yadav. Decision in this regard was...
Tata Steel has commissioned the first phase of its integrated steel plant at Kalinganagar steel plant in Jajpur district of Odisha. It was inaugurated by Odisha Chief Minister...
Government of India has now scrapped the plan and non-plan expenditures in budget exercise and their place has been now taken by capital and revenue spending classifications. The classification...
Indirect taxes include service tax, sales tax, custom, excise duties, VAT, MODVAT, CENVAT, proposed Goods & Services Act etc. Initially the indirect tax regime was too complicated and...
Direct tax is a tax directly paid to the government by the individuals or organizations on whom it is imposed. The main examples of Direct Taxes are Income...
A receipt that results in either reduction in government assets (sale of share, disinvestment) or increase in some liability (government borrowings) is a capital receipt. These receipts are...