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Effects of Taxation,Direct and Indirect Taxes, Public Expenditure and Public Debt. Internal and External Debt.

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India has a well developed taxation structure. The tax system in India is mainly a three tier system which is based between the Central, State Governments and the local government organizations. In most cases, these local bodies include the local councils and the municipalities. According to the Constitution of India, the government has the right … Read more Effects of Taxation,Direct and Indirect Taxes, Public Expenditure and Public Debt. Internal and External Debt.

Center State Financial Relations and latest Finance Commission.

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Under the Constitution the financial resources of the State are very limited though they have to do many works of social uplift under directive principles. In order to cope with their ever-expanding needs, the Central Government makes grants-in-aid to the States. Grant- in-aid to States , through it Central Government exercises a strict control over … Read more Center State Financial Relations and latest Finance Commission.

World Bank, International Monetary Fund (IMF) and Asian Development Bank (ADB).

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The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more World Bank, International Monetary Fund (IMF) and Asian Development Bank (ADB).

Credit Supply- Bank for Agricultural and Rural Development (NABARD),

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68.84% of the population in India is rural based and majority of them depends on agriculture for a living. Enhanced and stable growth of the agriculture sector is important as it plays a vital role not only in generating purchasing power among the rural population by creating on-farm and off-farm employment opportunities but also through … Read more Credit Supply- Bank for Agricultural and Rural Development (NABARD),

06.08.2017 Uttarakhand (UKPCS) Current Affairs

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Uttarakhand   Guarding the guardians: Uttarakhand to give Aadhaar-linked unique IDs to cow vigilantes.   To keep “genuine” cow protection activists safe and also check violence by “self-proclaimed vigilantes”, the Uttarakhand Gau Seva Aayog, a government body for overseeing cow protection measures in the state, has decided to provide unique IDs to activists in the … Read more 06.08.2017 Uttarakhand (UKPCS) Current Affairs

20.07.17 UKPCS Current Affairs

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Uttarakhand   Now, an app for rainwater harvest queries   People interested in installing rainwater harvesting plants in their homes would soon be able to do so with a smartphone app. The Uttar Pradesh groundwater department will soon launch an Android-based mobile application which will enable people to easily install rainwater harvesting plants. The app will also help … Read more 20.07.17 UKPCS Current Affairs

Up 2 the Marker-UKPCS Mains Important Points

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Following are the list of important terms for UKPCS Mains Paper VI- GENERAL SCIENCE & TECHNOLOGY . Kindly Give your Ans in the comment box and we will release our model ans in 15 days General Science Parsec Light year Metric System Crescograph Radar Quantum Mechanics Tribology Bhramgupt Escape Velocity Raman Effect Mirage Myopia Hyper … Read more Up 2 the Marker-UKPCS Mains Important Points

World Trade : Trade and Economic Groups – World Trade Organization (WTO)

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Contents

  • What is WTO? Structure? Agreeements?
  • Rounds of WTO
  • Doha Development Round
  • India’s role in WTO
  • India’s proposals to WTO
  • Trade in Goods
    • Agriculture
    • NAMA
    • Rules
    • SPS
    • TBT
  • Trade in Services
    • GATS
  • Intellectual Property (TRIPS)
  • TRIMS
  • Dispute settlement
  • Development
    • Trade and Development
    • Aid for Trade
    • Special & Differential Treatment
  • Environment
    • Trade and Environment
  • Trade facilitation
  • Other issues
    • E-Commerce
    • Competition policy
    • Investment
    • Government Procurement
    • Accession

Read moreWorld Trade : Trade and Economic Groups – World Trade Organization (WTO)

State Finance Commission

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The State Finance Commissions are required to recommend financial support from the state and principles for determination of taxes, tolls and fees that could be assigned to or appropriated by the local bodies Article 243I of the Indian Constitution prescribes that the Governor of a State shall, as soon as may be within one year … Read more State Finance Commission

Local Governance: 73rd and 74th Constitutional Amendments.Types of Urban local bodies and Panchayati Raj institutions in India.Sources of Finance in Urban Local Bodies and Panchayati Raj Institutions.

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The 73rd and 74th Constitutional Amendment Acts, 1992, which gave Constitutional status to panchayati raj institutions (PRIs) and urban local bodies (ULBs) respectively, in both letter and spirit in order to bring about greater decentralisation and increase the involvement of the community in planning and implementing schemes and, thus, increase accountability. The Amendments left important … Read more Local Governance: 73rd and 74th Constitutional Amendments.Types of Urban local bodies and Panchayati Raj institutions in India.Sources of Finance in Urban Local Bodies and Panchayati Raj Institutions.

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