The Importance of the Union Budget?
In accordance to the Constitution of India’s Article 112, it is necessary to present a budget before the House of Parliament and get it approved before the beginning of every financial year. The word “budget” is derived from the French word “Bougette” which means “Small Bag”. It is adopted from the British, who used to […]
Inflation & Taxes… The Corpus destroyers
Just remember the wonderful times, when The banks used to give an interest of 12% and more on an FD, There was no TDS and no mandatory PAN linkage, no taxes to be paid and the corpus was doubling in every five to six years. On top of that, petrol was in single digits, the […]