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Monsoon Session

In nations that follow the Westminster model...

Veto Power of the President

Only after receiving the President's approval may...

Monsoon Session

In nations that follow the Westminster model of parliamentary democracy, like India, the monsoon session is one of the yearly meetings of a parliamentary or legislative body. Its occurrence, which often occurs during the monsoon season and varies from country to country, gives rise to its name. A crucial part of the parliamentary calendar, the monsoon session is crucial to the operation of a democratic government. The Monsoon Session's Importance The Monsoon Session fulfills a number of crucial functions: Legislation: Several bills, both government and private member bills, are introduced, discussed, and...
Monika Gupta -
BUDGET

Monsoon Session

In nations that follow the Westminster model of parliamentary democracy, like India, the monsoon session is one of the yearly meetings of a parliamentary...
Monika Gupta -
BUDGET

Veto Power of...

Only after receiving the President's approval may a bill that has been approved by the Parliament be made into an act. According to Article...
Shilpy Gupta -
BUDGET

Alternative Minimum Tax

The Alternative Minimum Tax (AMT) is a system of taxes aimed at preventing certain high-income individuals, businesses, and other entities from evading taxes by...
Monika Gupta -
BUDGET

Wealth Tax Act,...

An important item of Indian law that deals with the application of wealth tax on individuals, Hindu Undivided Families (HUFs), and businesses is the...
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BUDGET

Stamp Duty

In order to provide legal papers, transactions, and instruments legal legitimacy and effect, stamp duty is a type of charge imposed on them. It...
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BUDGET

Sales Tax

The sale of goods and services is subject to sales tax, an indirect tax. At the point of sale, it is normally taken from...
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BUDGET

Property Tax

Property tax is a type of municipal taxation that is placed on the owners of real estate properties within a certain jurisdiction, including land,...
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BUDGET

Central Excise Duty

A country's government may impose an indirect tax known as central excise duty on the production, manufacture, and sale of specific commodities inside its...
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BUDGET

Perquisite Tax

The term "perquisite tax," sometimes known as "perks tax" or "benefits-in-kind tax," refers to the taxation of non-cash incentives and perks that firms give...
Monika Gupta -
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