Finance Commission Meaning and Current Finance Commission
by The Finance Commission is a constitutional body in India that is responsible for recommending the …
Tag: DECISION SCIENCE MBA NOTES
Financial Federalism under constitution in INDIA
Financial federalism refers to the division of financial powers and responsibilities between the central and …
Fiscal Consolidation and FRBM Act.
Fiscal consolidation refers to the process of reducing government budget deficits and debt levels. It …
Indian Public Finance
India’s public finance system is complex and multifaceted, encompassing both the central government and the …
Deficit Financing
The term “l” refers to a situation where expenditures exceed revenues. In the context of …
Public Debt, Role and Classification of Public debt and methods of their redemption
Public debt refers to the total amount of money that a government owes to its …
Public Revenue, Main sources of Revenue, Tax revenue, Direct and Indirect Taxes, Progressive, Proportional & Regressive Taxes, Value added tax and GST
Public Revenue Public revenue refers to the money that a government collects from various sources, …
The Division of Tax Burden, Impact and Incidence of a tax, effects on Production & Distribution
The Division of tax burden The tax burden is divided between the central government and …
Canons and classification of public expenditure; effects on production
Public expenditure refers to government spending on various goods and services, such as education, healthcare, …
Distribution and Economic stability
Distribution refers to the way in which income and wealth are distributed among the members …