Many state governments in India have introduced marriage assistance schemes that provide financial assistance for the marriage of poor girls, orphans or widows. The marriage assistance schemes are social welfare schemes that help the marriage of poor girls and encourage widow remarriage.The scheme of “Financial Assistance for the Marriage of Daughters of Poor Widows and […]
The New Consumer Classification System (NCCS) is a modern framework used in India to classify consumers based on their economic status. It replaces the older SEC (Socio-Economic Classification) system and is widely used in market research, advertising, and consumer studies. Key Aspects of NCCS Developed by: Market Research Society of India (MRSI) and Media Research
The Reserve Bank of India has taken steps to simplify KYC-related instructions from time to time, taking into account available technological options for improving customer convenience within the framework prescribed by the Prevention of Money Laundering Act, 2002 (PMLA) and rules framed thereunder. As per the Reserve Bank of India’s notification on February 25, 2016,
Agriculture, alongside its allied sectors, exists as one of the largest sources of livelihood in India. Figures ascertained by the Food and Agriculture Organisation (FAO) indicate that agriculture still serves as a primary source of income for about 70% of the Indian rural households. The government, therefore, endeavours to boost this sector by means of schemes, policies,
Capital Expenditure (CAPEX full form) is the expenditure made by a firm to improve its long-term assets or to purchase new equipment. It serves as a potent financial metric and helps financial analysts understand a company’s investment patterns. Capital expenditures (CapEx) are funds used by a company to acquire, upgrade, and maintain physical assets such
The GST Council determines the GST rate slabs. The GST Council reviews the rate slabs for goods and services on a regular basis. GST rates are typically high for luxury items and low for necessities. GST rates in India for various goods and services are divided into four slabs: 5% GST, 12% GST, 18% GST,
State Bank of India (SBI) is a leading multinational public sector bank in India. With a quarter of the market, it is among the most reputable banks in the country. Applying for an SBI ATM card has never been easier, thanks to the numerous methods available for both tech-savvy users and those who prefer traditional
As part of measures to manage liquidity conditions, the central bank also announced a USD/INR Buy/Sell Swap auction of $5 billion for a tenor of six months to be held on January 31, 2025 India’s central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and
Public Health Management (PHM) involves the planning, organizing, and implementation of health-related initiatives to improve the health of populations, prevent diseases, and promote overall well-being. It is crucial for health professionals, policymakers, and organizations working to address public health challenges.Over last six to eight years, I have been a strong proponent of Population Health Management
Short title, extent and commencement (1) This Act may be called the Wealth-tax Act, 1957. (2) It extends to the whole of India. (3) It shall be deemed to have come into force on the 1st day of April, 1957. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income
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