Overview The Atal Pension Yojana (APY) is a government-backed pension scheme launched in 2015 to provide old-age income security to...
Overview The Atal Pension Yojana (APY) is a government-backed pension scheme launched in 2015 to provide old-age income security to...
Overview Scheduled Commercial Banks (SCBs) are banks listed in the Second Schedule of the Reserve Bank of India Act, 1934....
Meaning and Concept A pension fund accumulates contributions during an individual’s working life and invests them in diversified financial assets....
Overview The Pension Fund Regulatory and Development Authority (PFRDA) is India’s statutory pension sector regulator, responsible for regulating, promoting, and...
Overview The European Union Emissions Trading System (EU ETS) is the world’s largest carbon market and a key policy instrument...
Meaning The Common but Differentiated Responsibilities (CBDR) principle recognises that all countries share a common responsibility to protect the environment,...
Meaning GST Compensation Cess is a levy imposed on certain luxury and sin goods under the Goods and Services Tax...
A cess is a tax levied for a specific and earmarked purpose, imposed over and above existing taxes. Key features:...
Background The Health Security National Security Cess Bill, 2025 was passed by Parliament to introduce a special excise cess aimed...
Meaning The Consolidated Fund of India is the principal government account into which all revenues received by the Union Government...
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