Concept of Base Year in Financial and Economic Analysis
Understanding the Concept of Base Year in Financial and Economic Analysis The base year is a fundamental concept in economics, finance, and statistics, serving as a reference point for comparing…
Understanding Grameen Credit Score: A New Era of Financial Inclusion
Introduction The Grameen Credit Score is a pioneering initiative designed to enhance financial inclusion for rural borrowers, particularly farmers, small business owners, and marginalized communities. With the recent announcement in…
MSME Reforms in Budget 2025-26: Expanding Horizons for Entrepreneurs
The Union Budget 2025-26, presented by Finance Minister Smt. Nirmala Sitharaman, introduces significant reforms aimed at bolstering the Micro, Small, and Medium Enterprises (MSME) sector, recognizing it as a pivotal…
India’s GDP to Grow at 6.4% Real and 9.7% Nominal in FY25: 1st Advance Estimates
India’s economic trajectory continues to garner global attention, reflecting its resilience and strategic policy interventions. The recent fiscal projections and economic indicators underscore the nation’s commitment to sustainable growth and…
Marginal Tax Relief Explained: A Guide for Income Above ₹12 Lakh
The Union Budget 2025 has brought significant revisions to India’s income tax structure under the new regime, ensuring fair taxation for individuals earning beyond ₹12 lakh per annum. One crucial…
Goods and Services Tax (GST): A Comprehensive Guide
Introduction The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax levied on the supply of goods and services in India. Implemented on July 1, 2017, GST replaced…
Comparing India’s GST with Global Taxation Models: Lessons from Other Countries
In the rapidly evolving landscape of taxation, the introduction of the Goods and Services Tax (GST) in India stands out as one of the most significant reforms in recent decades.…
GST Compensation Cess: Why It Matters for States’ Finances
Introduction The introduction of the Goods and Services Tax (GST) in India marked a significant shift from the previous tax structure, aiming to unify indirect taxation across the country. However,…















