GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which […]
The Padma Awards are conferred by the President of India at ceremonial functions which are held at Rashtrapati Bhawan usually around March/ April every year. In 2022, the President has approved conferment of 128 Padma Awards including 2 duo case (in a duo case, the Award is counted as one) as per list below. The […]
Jamsetji Tata– Tata Group founder Jamsetji Tata emerged as the world’s biggest philanthropist in the last century by donating $102 billion, as per a list of top 50 givers prepared by the Hurun Report and EdelGive Foundation. Tata is the only Indian in the top 10 of the list. The only other Indian among the […]
The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2021-22 in Parliament on January 31, 2022. The highlights of the Economic Survey are as follows: State of the Economy: Indian economy estimated to grow by 9.2 percent in real terms in 2021-22 (as per first advanced estimates) subsequent to […]
Tata Group took over the ownership of national carrier Air India on January 27, 2021 with the completion the strategic disinvestment with transfer of 100 per cent shares of Air India to M/s talace Pvt Ltd along with management control. The Strategic Partner (M/s Talace Pvt Ltd is a wholly owned subsidiary of M/s Tata […]
As the current fiscal year is coming to an end, India’s prospects of economic recovery amid the restrictions due to spread of the Omicron variant of Corona is being watched with interest in the country as well as abroad. It is because India is expected to act as engine of growth to drive the global […]
River banks had been the cradles of civilizations. The rivers across the globe contribute to the local economies and transport apart from providing drinking and irrigation water and creating a sense of aesthetics attracting tourists and even the pilgrims in the countries like India. Here is a brief introduction about the biggest rivers in the […]
Reverse repo rate is used by banks to park their surplus with RBI. As Triparty Repo Dealing and Settlement (TREPS) and call money rates are ruling higher than the reverse repo rate, it is necessary to raise repo rate to keep it attractive for banks to park their surplus with the RBI. Reverse repo rate […]
The Himalayas The Himalayas or Himalayan mountain ranges, situated in Asia, separate the plains of the Indian subcontinent from the Tibetan Plateau. The range has some of the planet’s highest peaks, including the highest, Mount Everest. Over 100 peaks exceeding 7,200 m (23,600 ft) in elevation lie in the Himalayas. By contrast, the highest peak outside Asia (Aconcagua, in the Andes) is 6,961 m (22,838 ft) tall. […]