Sin tax is a levy on products or activities deemed harmful to society. This includes items like tobacco, alcohol, and gambling. The primary aim is to discourage unhealthy...
Economic development in India is evaluated through various indicators. These indicators reflect the country’s economic performance, social progress, and quality of life. They provide vital information about policy...
The State Bank of India (SBI) is an Indian multinational public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank...
The Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services in India. It was introduced on July 1, 2017,...
The Food Corporation of India (FCI) is a statutory body under the Ministry of Consumer Affairs, Food and Public Distribution, Government of India. Established in 1965 under the...
Foreign Direct Investment (FDI) refers to the investment made by a foreign individual or company in the business of another country. In India, FDI plays a crucial role...
Public Sector Undertakings (PSUs) are government-owned corporations or enterprises that operate in various sectors of the Indian economy. These entities are established by the government to promote economic...
Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs) play a crucial role in the Indian financial system by providing credit and other financial services to underserved segments of...
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to support the building of infrastructure in the Asia-Pacific region. It was officially established on...
The Confederation of Indian Industry (CII) is a non-governmental, not-for-profit, industry-led, and industry-managed organization that works to create and sustain an environment conducive to the growth of industry...
The National Payments Corporation of India (NPCI) is an umbrella organization for operating retail payments and settlement systems in India. It is an initiative of the Reserve Bank...
The Central Board of Direct Taxes (CBDT) is a statutory authority functioning under the Department of Revenue in the Ministry of Finance, Government of India. It is the...