Category: Economy Concepts
Tax System in India
With Budget 2025 around the corner, tax experts and taxpayers alike have high expectations regarding direct taxes.
Central Bank Digital Currency
The US President issued executive order banning the establishment of Central Bank Digital Currency (CBDC)
Geographical Indication Tags
Ministry of Commerce & Industry sets a target of 10000 Geographical Indications (GI) tags by 2030
GDP Estimate 2024-25
The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) recently released the First Advance Estimates of Annual Gross Domestic Product (GDP) for the Financial Year (FY) 2024-25, including its expenditure components at both Constant (2011-12) and Current Prices.
Treasury Bills | Government Securities
Government to borrow Rs 3.94 lakh crore via Treasury bills (T-bills): Reserve Bank of India (RBI).
Payment Aggregator
RBI approves ISG to operate as payment aggregator.
Most Favoured Nation | Double Taxation Avoidance Agreement
Swiss Shock: EFTA member lobs back India’s MFN tax volley.
Cess and Surcharge
Recently, the Chairman of the 16th Finance Commission highlighted concerns related to cess and surcharge.
De-Dollarisation
RBI Governor Shaktikanta Das explained India’s stand on de-dollarisation after US president-elect Donald Trump’s warning to BRICS nations.
Base Year of GDP
Government decides to update the GDP base year from 2011-12 to 2022-23.
Municipal Finances
Report on Municipal Finances Released by Reserved Bank of India (RBI).
Reclassification of FPI to FDI
RBI issues framework for reclassification of FPI to FDI