Developed economies
The group developed economies indicate progressive economies where there is high per capita income and advanced living standards and …
Read MoreEconomic Development
Economic development is defined as growth plus structural changes in the economy. It is a process of change unique …
Read MoreEconomic Growth
Economic growth usually refers to an increase in GDP of an economy over a period of time. The World …
Read MoreMiddle Income Economy
According to the World Bank, Low Income Economies are those economies with a GNI per capita of more than …
Read MoreLow Income Economy
According to the World Bank, Low Income Economies are those economies with a GNI per capita of $1,045 or …
Read MoreHigh Income Economy
High income economies according to the World Bank are those economies with a GNI Per Capita Income of $12736 or …
Read MoreSpecial Investigation Team on black money
The Special Investigating Team (SIT) was appointed by the Central Government to implement the decision of the Honourable Supreme Court …
Read MoreAutomatic Exchange of Information (AEOI)
Automatic exchange of information involves the systematic and periodic transmission of “bulk” taxpayer information by the source country to the …
Read MoreBlack Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act 2015
The ‘Undisclosed Foreign Income and Assets Act 2015’ tries to tackle the black money kept in other countries. Parliament has …
Read MoreBenami Property
Benami property is the one whose legal owner is different from the actual owner.The amended Benami Transaction Prohibition Act gives …
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