KARPATHU IAS Academy Official
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Prepare TNPSC Prelims and Mains in easy way.

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UPSC Result 2017 announced, congratulations to all those who got selected

https://upsconline.nic.in/csm_2017_result_hindi.pdf
Zero Based Budgeting (ZBB)
 Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be
justified for each new period.
 Zero-based budgeting starts from a "zero base," and every function within an
organization (such as a ministry) is analyzed for its needs and costs. Budgets are then
built around what is needed for the upcoming period, regardless of whether the budget
is higher or lower than the previous one
 3 essential questions which must be answered objectively before going for any
expenditure as per the techniques of ZBB:
 Should we spend?
 How much should we spend?
 Where should we spend?
 Everything including expenditure and receipts begin from a scratch under ZBB. Budget
estimates for each Ministries or heads are provided on the basis of what is needed for
the upcoming period, regardless of the budget activity of the previous years.
 Under ZBB, allocations or funding are based on program efficiency and necessity rather
than budget history. However, ZBB is a time-consuming process that takes much longer
time than traditional, cost-based budgeting.
 Prioritizing the competing needs is another special feature of ZBB. As the
resources/funds are always scarce, in the process of prioritized allocation, the item/
items at the bottom might not get any funds.
What is GAAR?

Each component of the expansion of GAAR will give some idea about it. GAAR is General Anti Avoidance Rule and hence it is an anti-tax avoidance regulation. As the name suggests, it is set of laws aimed at curtailing tax avoidance in general. GAAR is set of rules under the Income Tax Act (under the proposed Direct Tax Code) which empowers the revenue authorities to deny tax benefits transactions or arrangements which do not have any commercial substance or consideration other than achieving the tax benefit. Thus, in nutshell, we can say that GAAR usually consists of a set of broad rules which are based on general principles to check the potential avoidance of the tax in general.

What is tax avoidance?

Tax avoidance is deliberate measures to avoid or reduce tax burden by an individual or a company. Tax avoidance, is by and large not defined in taxing statutes. Tax avoidance is, nevertheless, the outcome of actions taken by the assessee, which is not illegal or forbidden by the law as such. The purpose here is to reduce tax burden.
இந்திய அரசியலமைப்பு காணொளி வகுப்புகள்
(M.Laxmikanth class in Tamil)

https://youtu.be/6Fg-Vvn4rGA (Class1)

https://youtu.be/MDWAtyfHYpM (CLASS-2)

https://youtu.be/4rhtNL7aQeg (Class 3)

https://youtu.be/q6Nqju0UxJ0 (Class 3(1))

https://youtu.be/ajlLx07ERQE (Class 4)

https://youtu.be/OXpWzstoB9E (Class 5(1))

https://youtu.be/eZ6palo9imE (Class 5(2))

https://youtu.be/KUG0XphgDmU (Class 5(2))

https://youtu.be/IcFiX-IPG8s (Class 6(1))

https://youtu.be/H5tFYSujui8 (Class 6(2))

https://youtu.be/Cj55N1gKkB0 (Class 6(3))

https://youtu.be/IXGWveAFxbc (Class 7)

https://youtu.be/YFxJxTBTXBQ (Class 8)

₹இந்த வகுப்புக்கு கட்டணம் செலுத்த வேண்டும் ₹
I need fees from you and all.
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இதில் ஏதேனும் ஒன்றை செய்யுங்கள்√
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இது எனக்கு நீங்கள் கொடுக்கும் கட்டணம்.
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10/05/18

MAY 10  :  World Migratory Bird Day is observed
Theme (2018) : Unifying Our Voices for Bird Conservation”
● Walmart Buys Flipkart In World's Largest E-Commerce Deal
● Forbes Most Powerful People In The World : PM Modi 9th , Xi Jinping Tops
● September 2019 Climate Summit To Be Held In New York
● The USA Withdraws From Iran Nuclear Deal
● Nikol Pashinyan Becomes Prime Minister Of Armenia
● Carlos Alvarado Sworn In As Costa Rican President
● The 2018 World Robot Conference Will Be Held In Beijing
● India Slips To 6th Spot In Biz Optimism Index
● Putin Appoints Medvedev As Russian Prime Minister
● Nisha Bhalla Conferred With Women Economic Forum 2018 Award
● India To Host 15th Asia Media Summit From 10-12 May In New Delhi
● First Integrated Smart Cities Control Centre Launched In Madhya Pradesh
● 1st Bi-annual Naval Commander’s Conference Is Held In New Delhi
● Andhra CM Launches NCBN App To Implement Effective Governance
● Arun Bhardwaj Will Head The Centre Of Excellence For Cricket
● Maharashtra Govt To Give Rs 3-Per-Litre Subsidy To Milk Producers
● 71st Cannes Festival is Being Held In Cannes , France
● Nitin Bawankule As The New Country Head For Google Cloud India
● India Will Be The Fastest Growing Economy At 7.4% In 2018 : IMF
● Rafael Nadal Remained In The No.1 Spot In The Latest Edition Of The Men ATP Ranking
● Indian Pharmacopoeia Commission Approves Modern Animal-Free Testing For Drug