In standard IX, I read that inflation was a situation when too much of money supply was chasing too few of goods, causing prices to rise, popularly known as Inflation. The great recession of 1929 was caused by Germany’s massive printing of p ..
Experts opinions, newspaper editorials and even comments on CA Club website lavishly talk about income tax exemptions to be distorting the tax scene of the country, leading to massive leakage of revenue to the government and ultimately resp ..
Several exemptions are being afforded as a matter of necessity so much that GST is being opposed by SSI units for fear of losing their excise exemptions. Author believes that all exemptions from indirect taxes are unproductive and hence, worthy of ..