1. Taxation

Taxes in India levied by the central government, the state government and the local authorities like muncipality.

2. VAT

VAT is a multi stage indirect tax on goods that is levied across various stage of the value addition chain.

3. GST

GST is a value added tax which will replace all indirect taxes levied on goods and services by the indian central and state government.

4. Excise duty

Excise duty is an indirect tax levied on goods manufactured in India.

5. Custom duty

Custom or Import duties are levied by the Central govt. on the goods imported into India.

6. Current Account deficit

A measurement of a country's trade in which the value of goods and services its import exceeds the value of goods and services it export. The current account also include net income such as interest, dividents,as well as transfer such as foreign aid
 

7. CSO and NSSO

CSO was created in 1951 for coordination of statistical activities of the different Central Ministries and the State governments and for promotion of statistical standards. CSO prepares national accounts, compiles and publishes industrial statistics and conducts economic census and surveys.
National Sample Survey Organisation(NSSO) was set up in 1950 as a permanent survey organisation to conduct national sample surveys to assist in socio-economic planning and policy-making.

8. Liquidity Adjustment facility(LAF)

LAF is a monetary policy tool of RBI to adjust money follow market. LAF comprises Repo rate and Reverse Repo rate operation. Repo rate: Repurchase option rate is a rate on which a bank or financial institution borrow money from central Bank i.e. RBI by selling securities. Reverse Repo rate: It is a rate on which Central Bank(RBI) borrow money from bank by lending securities.

1. Securities is a instrument to raise capital.
2. Increase of both rate has similar impact on liquidity.

9. SLR and CRR

SLR: A Bank has to set aside this much money into gold or RBI approved securities. It is 23% now. CRR A Bank has to set aside this much as reserve. Bank cannot lend it to anyone. Bank earns no interest rate or profit on this. It is 4% now.

10. What is service tax?

Service tax is a tax levied by the government on service providers on certain service transactions, but is actually borne by the customers.

11. What does mean by Stamp duty?

An stamp duty is a duty levied on the legal recognition of certain documents.

12. What is Entry tax?

Entry tax is the tax which is payable on goods purchased in state from outside state/within the state, it is applicable on very few items specially notified by the state, it vary from state to state.

13. What is sale tax?

A tax imposed by the government at the point of sale on retail goods and services. It is collected by the retailer and passed on to the state.