Drawbacks of Mughal tax system

The Mughal tax system, which was introduced during the reign of the Mughal Empire, had many drawbacks. The taxes were levied at an extremely high rate, which led to poverty and unequal distribution of wealth. Moreover, the tax system was based on religious principles, which disadvantaged the non-Muslim population. There was also no infrastructure to modernize the tax system, which meant that it was inefficient and prone to corruption.

By |2024-02-11T15:05:38+00:00March 6th, 2023|Blog|0 Comments

Understanding capital market

The capital market is an important component of a modern economy. It is a financial market where businesses and governments can raise money by selling debt and equity instruments to investors. It helps to create a stable and efficient environment for investments, provide liquidity to the markets, and reduces the cost of capital for entities. It is also an efficient way for investors to diversify their investments and gain access to global markets. Thus, the capital market plays a crucial role in the economic growth and stability of a country.

By |2023-11-04T18:17:18+00:00February 28th, 2023|Blog|0 Comments

Economy

The economy is the set of interrelated activities through which a society produces and acquires goods and services to satisfy its needs. It is the way a nation produces, buys, and sells goods and services. It is about how much you have and what you do with it. The economy is about money and jobs.

By |2023-10-28T17:49:03+00:00January 25th, 2023|Blog|0 Comments