सामाजिक शास्त्र अध्ययन केंद्र

Tax Devolution in India: The Debate Over Formula

Our introductory article examined the origin, functions, composition, and core principles of the Finance Commission (FC), including the concepts of the divisible pool and grants-in-aid. Building on this foundation, this article explores a key aspect of fiscal federalism that has been in the news in recent years—the formula for sharing tax revenues between the Centre […]

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Mutual Funds – Investment Returns vs Investor Returns

Do you rely on the returns which the mutual fund shows to you, or do you calculate the returns yourself? If not, then try doing it once. However, wait a minute. Don’t take the invested value shown in your mutual fund app. Instead, you should calculate returns on your own using the invested value, current

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From Cash Flow to Investments: A Guide to Personal Financial Planning

Financial Planning vs Investment Planning: Do you often get confused between Financial Planning and Investment Planning?  Have you made investments without knowing the financial goal behind them?  Do you want to know the asset classes in which you can invest?  If the answer to any of the above questions is yes, then you should read

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From Taxes to Grants: Understanding the Functioning of the Finance Commission

In a vast and diverse country like India, the fair distribution of resources among the states is challenging due to differing regional needs and economic conditions. The federal governance system, with shared powers and responsibilities between the Centre and states, often sparks conflicts over resource allocation. Recently, debates on the North-South divide in resource sharing

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Unlocking India’s Budget: Exploring Innovative Insights & Emerging Trends

On August 10th, 2024, the Social Science Study Centre at Jnana Prabodhini hosted an event titled “Unlocking India’s Budget: Exploring Innovative Insights & Emerging Trends.” The session aimed to decode the Union Budget and explored the socio-political motives behind various allocations. Key Speakers:1. Mr. Piyush Ozarde, a Doctoral Scholar at IIM Ahmedabad, and former Prime

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