Kosha Moolo Danda, which means ” revenue is the backbone (of administration)” is sourced from Kautilya’s Arthshastra Part 8, Chapter 1. This implies that a nation’s status relies upon its fiscal power. He expressed that ..
Arthshashtra: GK, General Studies and Current Affairs
Land revenue system in ancient India was based upon income from land, thus rated according to the productivity and kind of soil. Manu fixed it between 1/6, 1/8 or 1/12 according to the quality of ..