Search results
Results from the WOW.Com Content Network
[1] [4] It was chartered by the government of Rajiv Gandhi as the Tenth Schedule of the Constitution of India. [3] The Anti-Defection Act, applicable to both Parliament and state assemblies, specifies the process for the Presiding Officer of a legislature to disqualify a legislators on grounds of defection based on a petition by any other ...
The anti-defection law enshrined through the introduction of the Tenth Schedule in the Constitution of India comprises 8 paragraphs. The following is a brief summary of the contents of the law: Paragraph-1: Interpretation. This section handles the definitions of distinct terms applied in laying out the legislation.
If potential lenders or bond purchasers begin to suspect that a government may fail to pay back its debt, they may demand a high interest rate in compensation for the risk of default. A dramatic rise in the interest rate faced by a government due to fear that it will fail to honor its debt is sometimes called a sovereign debt crisis.
The principal argument for investors to hold U.S. government bonds is that the bonds are exempt from state and local taxes. The bonds are sold through an auction system by the government. The bonds are buying and selling on the secondary market, the financial market in which financial instruments such as stock, bond, option and futures are traded.
The stanches of bonds were available for purchase for 10 days in the months of January, April, July, and October with an additional time-frame of 30 days in the year of general elections for Lok Sabha. [6] [7] [19] Electoral bonds featured anonymity since they bore no identification of the donor and the political party to which they were issued ...
An investigative article published by HuffPost India on November 18, 2019, [17] examines a series of documents which show how the Reserve Bank of India was critical of the Electoral Bonds Schemes on multiple occasions, and how the Government of India ignored the concerns of the RBI time and time again and went ahead with its plans for the ...
One of the safest investments available is the Series EE savings bond, issued by the U.S. government. Though savings bonds have a low rate of return, there are few investments that guarantee to ...
The Public Debt Act, 1944 was an act of the Parliament of India which provided a legal framework for the issuance and servicing of government securities in India. It was considered outdated, and the Government Securities Act, 2006 was introduced to replace it. [2] The Act oversees government securities and their management by the RBI. [3]