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INTRODUCTION- Foreign Investment involves an investment from other countries to enhance the economic culture of the country. Economic liberalization started in India in the wake of the 1991 economic crisis and since then FDI has steadily increased in India.[1] It allows the individuals or companies from foreign countries to invest their money in the businesses of private […]
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India became a fully integrated economy 67 years after its political integration as a Constitutional republic when the principle of one nation one tax finally became a reality on July 1, 2017. The overarching goal of Article 301 of the Constitution was always to ensure that trade, commerce and intercourse throughout the territory of India […]
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SEBI’s establishment was in the year 1988 but were given statutory power in the year 1992. The basic aim of SEBI was to protect the investors in securities. There a lot of fraud being committed in the securities market wherein the investor’s money was misused and therefore SEBI was formed. Herein we will discuss about […]
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Mutual Funds in general means an investment scheme that provides a pool of securities to be invested in various entities such as stocks, shares etc. and is managed by an asset management company. In recent years, the mutual funds have been famous among middle class. The middle class have been the primary reason for the […]
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Debenture trustee, in simple terms, means any person who is given the responsibility for issuing and distributing debentures. If any company is looking for raising the capital, then they can chose the option of issuing the stocks as a form of debt with a condition that the debt had to be repaid at a specific […]
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Introduction The Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous, statutory agency tasked with regulating and promoting the insurance and re-insurance industries in India. It was constituted by the Insurance Regulatory and Development Authority Act, 1999, an act of Parliament passed by the government of India. The agency’s headquarters are in Hyderabad, Telangana, where it moved from Delhi in 2001. The IRDAI attempted to raise […]
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1. Constitutional Provisions: The Constitution of India vests the Parliament with plenary legislative powers to impose taxes on matters specifically enumerated in the Union List and all the power of making any law imposing a tax not mentioned in Concurrent or State Lists, as provided by Article 248(2). “Tax on income” is defined in an […]
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Introduction Road tax as the name suggests means the tax levied on any vehicle before it is used in public on the road. It is a state level tax, i.e. it is imposed by various states at their individual level, which leads to a varying percentage of taxes in different states. Road tax is one […]
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