July 13, 2017

Revenue, Fiscal and Primary Deficits

A deficit can be defined as a value by which the total amount falls short of a reference amount. In terms of economics, a deficit is an excess expenditure

July 13, 2017

Deemed Export Benefit Scheme

Deemed Export Benefit Scheme is an Indian concept which refers to the transactions in which the supplied goods do not leave the country i.e. these products aren’t expected. The

July 13, 2017

Decentralised Procurement Scheme

The Decentralized Procurement Scheme was launched in 1997-98. This scheme changed the method of procurement of foodgrains in India to the central government stock. Due to the provisions of

July 13, 2017

Corporate Social Responsibility

Corporate Social Responsibility is a self-regulatory mechanism which ensures its active compliance with the spirit of the law, international norms and ethical standards. United Nations Industrial Development Organization defined

July 13, 2017

Contract Labour

As per the definition adopted by Contract Labour(Regulation and Abolition) Act 1970, workers who are employed through a contractor with or without the knowledge of the final employer to

July 13, 2017

Competition Commission of India (CCI)

After the Competition Act,2002 came into existence a Competition Commission of India (CCI) and Competition Appellate Tribunal (CAT) was established.  This commission was preceded by Monopolies and Restrictive Trade

July 13, 2017

Commodities Transaction Tax (CTT)

Commodities Transaction Tax (CTT) is a tax which is charged on exchange-traded commodity and its derivatives in India like the Securities Transaction Tax(STT). It was first conceptualised in the

July 13, 2017

Collective Investment Schemes

As per the Securities Laws (Amendment), Act 2014 when a corpus amount of Rs 100 crore or more is sourced from investors is called Collective Investment Scheme (CIS). It

July 13, 2017

Clean Energy Cess

Clean Energy Cess is a sort of carbon expense and is exacted in India as an obligation of Excise under segment 83 (3) of the Finance Act, 2010 on