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Indian Economy


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Indian Economy

INDIA- CHINA SECOND INFORMAL SUMMIT AT MAMALLAPURAM IN TAMIL NADU NEAR CHENNAI IN OCTOBER 2019.

on
September 2, 2019

MODI TO MEET CHINESE PRESIDENT XI JINPING FOR A WIDE RANGE OF DISCUSSIONS.

Let us hope this will achieve open the path for’–
* correcting the huge Pakistan bias in its relationship with India, and  solving the seemingly intractable border dispute, a legacy of British Rule, in accordance with established international…


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Indian Economy

WHAT NIRMALA SITHARAMAN SHOULD & SHOULD NOT DO IN THE 2019 BUDGET

on
July 3, 2019

1. RAISING THE INCOME TAX EXEMPTION LIMIT TO Rs.5 Lakhs–NO
1.1. Already, individuals earning up to Rs.5 lakhs do not have to pay any tax as given below:–
1.1.1. Basic Exemption Limit —- Rs.2,50,000/
1.1.2. Tax on balance rs.2,50,000/ at 5%—————–Rs. 12500/
1.1.3. Less: Rebate u/s 87A———————————–Ra. (12500)/
1.1.4. Hence Income Tax…


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Indian Economy

STOCK MARKET BONANZA!

on
July 2, 2019

TO THEIR WEALTH IN JUST SIX MONTHS OF 2019 FROM THE BOOM IN THE STOCK MARKET!

1.1. This works out to 20% of all the gains made from the stock market in this period!

2. The list of…


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India Indian Economy

THE PONZI CAPITAL OF INDIA, WEST BENGAL , DESTROYS $140 bn ( equal to half of India’s present GDP at real value) of poor rural people’s wealth!

on
February 13, 2019

1. When the successive Central Govts enacted laws to liberate the rural power from the stranglehold hold of the money lending sharks, the new sophisticated way of looting the poor, called the Ponzi Schemes were born, led by sweet talking hypocrites.

2. Schemes like the,
2.1. Saradha Scheme.
2.2. Vernoma Credit &…


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Indian Economy

THREE IMPORTANT CHANGES IN THE INCOME TAX PROVISIONS PROPOSED IN THE FINANCE BILL 2019

on
February 5, 2019

1. INCOME UNDER THE HEAD “SALARIES”

1.1. Section 16(1)(a) amended

1.1.1. The Standard Deduction re- introduced by the Finance Act,2018, w.e.f. 01.04.2018, gave a deduction of…


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Current Affairs Indian Economy

HOSTILITY TOWARDS MODI–THE REAL REASON???

on
January 16, 2019

1. Consumer Price Index ( prices you and I pay at the retail level for ESSENTIAL COMMODITIES ) is the single most important and overriding measure to assess a Governments performance from the COMMON man’s point of view.

2. Now, when Modi has brought this price level down by as…


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Indian Economy

TRAIN 18 – ONE MORE ARCHETYPAL EXAMPLE OF “MAKE IN INDIA INITIATIVE”

on
January 11, 2019

“A mere politician is concerned merely in winning the next election; a Statesman, on the other hand, toils on his long term mission of doing the best for his people, often taking seemingly unpopular decisions–elections, for him , are only incidental in this long arduous self chosen journey”–RSI

1. India’s…


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Indian Economy

NAMO RIDING THE CREST OF THE SUCCESS WAVE POST DEMONETISATION !

on
October 26, 2018

1. Direct Tax collections for AY 2017-18 touches record high of 5.98% of GDP!

2. 55%Jump in Corporate Tax collections from an average of Rs.32.28 Lacs in AY 2014-15 to Rs.49.95 Lacs in AY 2017–18.

3. Individuals ‘ average tax collection goes up by 26% from average Rs. 46,377/ in AY…


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Current Affairs Indian Economy

AYUSHMAN BHARAT

on
September 7, 2018

A staggering initiative by our Prime Minister extraordinaire, the man who dreams, thinks, plans and ACTS, all in Super King Size for his country men to,
TRANSFORM THE EVER ELUSIVE DREAM OF THE POOR AND LOWER MIDDLE CLASS INDIANS , FOR ALL OF THEM, 50 CRS IN NUMBERS NOW, THE…


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Current Affairs India Indian Economy

WEEK END ECONOMICS – INDIA OUR PASSION !

on
August 26, 2018

WHY ARE WE THE LAGGARDS ALL THE TIME DESPITE BEING THE “FIFTH LARGEST ECONOMY” IN THE WORLD???

1. In spite of being the fifth largest economy in the world, in terms of our GDP size, and in spite of reigning as the fastest growing economy for more than a decade…