"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
Most of you
know that our tax system is going to replaced by Direct Tax Code (DTC), sooner
or later. I just tried to understand what it means to the common man and the
others and im sharing the details to my understanding level. First of all, I want
to make it clear that, DTC is not another amendment for the existing taxation
system, but it is completely new one. In simple words, DTC is going to replace
of Income Tax Act, 1961. In other way, most of the auditors’ knowledge will get
Indian financial system:
What exactly the Indian financial system. It is a very vast
concept, it includes the many things which will take years to complete. I want
to give brief introduction about indian financial system, up to my knowledge. Indian
financial system basically includes the financial markets, financial
instruments and financial intermediation.
And those are further classified. Let us see the flavor of financial
As you know market is a place...