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For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen crore rupees", "₹ 15 crore". [1] In the abbreviated form, usage such as "₹ 15 cr" is common. [3] Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to: ₹ 1 lakh ...
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
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15% ( +10% in profits exceeding BR$ 20.000 ... 15% (highest rate) 8% (lowest rate) ... (federal standard deduction of 12550 USD for single taxpayers)
₹8 lakh to ₹12 lakh 15% ₹10 lakh to ₹12 lakh ₹12 lakh to ₹16 lakh 20% ... 2,08,000 93,600 31% 25 lakh 5,85,000 4,57,600 3,43,200 1,14,400 25% 30 lakh
According to some experts the policy of RBI to absorb all dollars coming into the Indian economy contributes to the appreciation of the rupee. [5] When the U.S. dollar has shrieked by a margin of 30%, the RBI had made a massive injection of dollar in the economy make it highly liquid and this further triggered off inflation in non-traded goods.
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Deficit target set at Rs3.8 trillion; Total of Rs9.5 trillion in expenditure; Government salaries increased by 15%; No taxes for government employes making less than Rs100,000 per month; Families with incomes less than Rs40,000 to be disbursed Rs2,000; Households using less than 200 units of electricity offered loans in instalments to buy solar ...