TSPSC Prelims and Mains Notes-TSPSC Test Series
Tax and Economic Reforms in Andhra Pradesh :- On 16 May 2017 Andhra Pradesh Legislature passed the state Goods and Services Tax (GST) Bill and contributed towards biggest Tax and Economic Reforms in Andhra Pradesh . Meanwhile State has a glorious history of Economic and Tax reforms. First Phase of Economic Reforms in Andhra Pradesh :– The attention of … Read more
Direct & Indirect Taxes Direct Tax Indirect Tax Corporation Tax Excise Duties Income Tax Service Tax Interest Tax Central Value Added Tax (Vat) Expenditure Tax Sales Tax Wealth Tax Property Tax Gift Tax … Read more
Budgeting Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-economic development … Read more
The Twelfth Finance Commission was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and … Read more
Since time immemorial Human Prosperity is linked with the livestock wealth. It has been rightly said by late U.N.Dhebar that “To think of Rural Development without Livestock Improvement is to think of Modern Industrialization without Power Stations”. Andhra Pradesh has some of the richest livestock resources in the Country and is one of the … Read more
Distinction between Indus Civilization and Vedic Civilization These two civilizations have not only played a major role in the development of ancient India, but have also left a lineage that still continues to shape our present Indian culture. Differences based on Following Major Headings PERIODICTY BASED DIFFERNENCES: Indus Valley Civilization: Till 20th century, historians thought … Read more
Globalization essentially means integration of the national economy with the world economy. It implies a free flow of information, ideas, technology, goods and services, capital and even people across different countries and societies. It increases connectivity between different markets in the form of trade, investments and cultural exchanges. The concept of globalization has been explained … Read more
Code of ethics Ethics codes are as old as antiquity. Religious traditions and civic cultures have codes as their foundations. The Mosaic Decalogue (Ten Commandments) is the keystone for Judaism, Islam and Christianity. Pericles made the Athenian code the underpinning of ancient Greek politics and culture. In each case codes carry general obligations and admonitions, … Read more
Table of Content:- Role of Commercial Banks Issue of NPA Financial Inclusion A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial … Read more
Role of Commercial Banks A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial banks help in overcoming these obstacles and promoting … Read more