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Cess On Income Tax

cess on income tax A cess on income tax is a surcharge levied on income in addition to the regular income tax. It is imposed by the government as a means of raising additional revenue. Rate of cess: The cess rate varies from country to country. In India, for example, the current cess rate is […]

1 min read

Social Justice

Social justice is a concept that emphasizes fairness, equality, and respect for all individuals and groups. It involves addressing the systemic inequalities that perpetuate injustice and marginalization. Key principles of social justice: Equality: Treating all people with the same respect, regardless of their race, gender, sexual orientation, social status, or other factors. Fairness: Ensuring that […]

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Amendment

An amendment is a change to a constitution or other document. There are two main types of amendments: 1. Substantive Amendments: These amendments change the substance of the document, usually by adding new rights or protections, or modifying existing ones. 2. Procedural Amendments: These amendments change the way the document is administered or implemented, such […]

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Commercial Hedger

Definition: A commercial hedger is a financial institution that engages in hedging activities for its own account or for the accounts of others. Unlike retail hedgers who primarily protect their own portfolios against market fluctuations, commercial hedgers typically use derivatives to speculate on large-scale market movements and generate profit. Key Characteristics: Large-scale transactions: Commercial hedgers […]

2 mins read

Injury-In-Fact Trigger

Sure, here is the explanation of “injury in fact trigger”: Injury in fact trigger is a key element in the doctrine of standing. It refers to the point at which a plaintiff’s injury becomes concrete, particular, and actual. Prerequisites for Injury in Fact Trigger: Injury in fact: The plaintiff must have suffered an actual injury, […]

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Common Stock

Common Stock Common stock, also known as ordinary stock, represents the ownership of a corporation shared by its shareholders. Shareholders own common stock in proportion to their ownership percentage in the corporation. Key Features of Common Stock: Ownership: Common stock represents ownership in a corporation, granting holders with certain rights, including voting, receiving dividends, and […]

2 mins read

Scalability

Scalability Scalability is the ability of a system to handle a growing amount of data and users with minimal degradation in performance and reliability. It refers to the system’s ability to scale its resources and capacity to meet increasing demands without compromising its core functionality. Key Factors Affecting Scalability: 1. Architecture:– Modular and distributed architectures […]

1 min read

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