This article is to understand what are the key highlights of Union Budget 2024. In India, the Union Budget was presented by the finance minister Nirmala Sitharaman on 23rd of July 2024, emphasizing employment, skilling, MSMEs, and the middle class. Usually, the Budget was about to happen on February 1, but due to the recent Lok […]
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Taxes are essential for the functioning of any government, providing necessary funds for public services, infrastructure, and administration. Under the tax system, two types of taxes are there in India; i.e.; Direct Tax and Indirect Tax. Both types of taxes play a significant role in the economy, contributing to the government’s revenue and ensuring the smooth
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When it comes to global economic powerhouses, the country with the highest Gross Domestic Product (GDP) often garners a lot of attention. As of the latest data, the United States holds the title for the highest GDP in the world. Let’s dive into the details of which country has the highest GDP in the world.
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In the world of economics, Gross Domestic Product, or GDP, is a crucial metric used to gauge the health and size of an economy. It’s a term you might hear often in news reports, economic discussions, and policy debates. But what exactly is GDP? Let’s break down what is Gross Domestic Product in economy, its
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The Make in India scheme, launched by Prime Minister Narendra Modi in September 2014, aims to transform India into a global manufacturing hub. It focuses on promoting investment, fostering innovation, enhancing skill development, protecting intellectual property, and building best-in-class manufacturing infrastructure. This article will help you understand about what is Make in India Scheme. The initiative
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From startups to multinational corporations, navigating the intricacies of taxation can significantly impact financial planning and operational decisions. In this comprehensive guide, we will help you understand the concept of corporate tax in India, key concepts, recent developments, and essential strategies for compliance and optimization. India’s tax system comprises two main categories: Direct taxes and Indirect
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