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Consolidated Funds and public accounts of India and of the States. A-267. Contingency Fund. A-268. Duties levied by the Union but collected and appropriated by the States. A-268A . Omitted. A-269. Taxes levied and collected by the Union but assigned to the States. A-269A .
The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$590 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$97 billion) recorded in December 2013.
Still a third class might have a high minimum investment limit and only be open to financial institutions; such a class is called institutional shares. In some cases, by aggregating regular investments by many individuals, a retirement plan (such as a 401(k) plan) may qualify to purchase "institutional" shares (and gain the benefit of their ...
For example, one type of institutional investor is a mutual fund, in which a fund manager buys and sells securities on behalf of the individual investors who buy the fund. Institutional investors ...
The Constitution of India is the supreme legal document of India. [2] [3] ... Much greater share of the credit must go to Mr. S. N. Mukherjee , the Chief Draftsman of ...
The Constitution spells out governmental powers with so much detail that many matters addressed by statute in other democracies must be addressed via constitutional amendment in India. As a result, the Constitution is amended roughly twice a year. The main purpose of the amendments is to become more relevant.
Article 14 permits classification, so long as it is 'reasonable', but forbids class legislation. A classification of groups of people is considered reasonable when: [ 6 ] The classification is based upon intelligible differentia that distinguishes persons or things that are grouped from others that are left out of the group, and,
The Constitution of India establishes the structure of the Indian government, including the relationship between the federal government and state governments. Part XI of the Indian constitution specifies the distribution of legislative, administrative and executive powers between the union government and the States of India. [1]