[Win20CSP] Mrunal’s Free Economy Update Lecture#5: Black Money, Tax Payers’ Charter, Tax Morale & Behavioral Economics, Subsidies, Disinvestment, Fiscal Deficit FBRM Escape Clause

1. Prologue
2. Free Lecture & Handout on Pillar#2: Budget
3. List of Topics to be covered in next free Lecture
   1. Tax Evasion → Budget-2019 & 2020- Tax Payers’ Charter
   2. Revenue Expenditure related updates
   3. Budget  →  Capital Receipts  → Borrowing
4. Next Economy Batch for UPSC CSE-2021

Prologue

• If you’re my old batch student from 2019, you’d have my full length economy handout from Plus courses.
• This win20CSP series contains FREE updates that occurred after Prelim-2019.? Download PDF link.
• So far, following free lectures conducted:
• Lecture#1: Pillar1A upto RBI’s monetary policy
• Lecture#2: Pillar1B-Burning Issues in Banking to 1C: SEBI/Sharemarket
• Lecture#3: Pillar1D Insurance to 2A: Intro to Budget & Economic Survey 2020
• Lecture#4: Pillar2: indirect taxes to 15th Finance Commission Report
• Next Lecture#5: Pillar2: Black Money, Subsidies, Disinvestment & Fiscal Deficit, FRBM

Step#1: Download Free Handout & Step#2: Attend the Free LIVE lecture

1. (Assumption) You’ve attended my full-length economy course anywhere in 2019.
2. ?Download this PDF file containing Update Pack for Pillar#2: budget.
3. No need to take printout immediately, considering the Corona Lockdown. For the same reason, I’ve not kept any blanks in it.
4. ?Attend theFREE LIVE lecture HERE on 23^rd May, Saturday, 9PM. It’s called ‘Unacademy special classes’, which means it’s basically free to attend for everyone.

List of Topics to be covered in Next FREE Lecture #5

As you’re aware, I cover the economy in six pillars.  This saturday lecture, we’ll see following topics

Tax Evasion → Budget-2019 & 2020, Tax Payers’ Charter

• ???? Sabka Vishwas L.D.S Scheme 2019
• ??? Vivad se Vishwas Scheme Budget-2020
• ??? Tax Avoidance through Non-Resident Status
• ? (Full) Budget-2019: Ease of paying taxes & reducing tax-terrorism
• ???:? Document Identification Number (DIN: दस्तावेज़ पहचान संख्याक)
• ?? Taxpayers’ Charter in ? Budget-2020 (करदाताओ का अधिकारपत्र)
• ?? ES19: “Use Behavioural Economics to improve Tax Compliance”

Revenue Expenditure related updates

• ?⏰(?⛽️) Budget  → Revenue Expenditure  → Subsidies
• Subsidies in budget 2020
• ?? ES19: Use ‘Behavioural economics (व्यवहार अर्थशास्त्र)’ to ↓ subsidy bill
• ??‍♀‍✍??️‍♂‍National Recruitment Agency (NRA: राष्ट्रीय भर्ती एजेंसी)

Budget  →  Capital Receipts  → Borrowing

• ???Full Budget-2019: Foreign Borrowing in Foreign Currency
• ?? ♐️ ? Budget →  Capital Receipts → Disinvestment: विनिवेश
• ??ES20 Vol1 Ch9 Privatization and Wealth Creation
• ??? Budget  → Fiscal Deficit (राजकोषीय घाटा)
• ?????? Extra-Budgetary Resources (बजटेतर संसाधन)
• ?? ? Modi’s Fiscal Stimulus (2019-)
• ? FRBM: Trigger Mechanism (to) Escape (Deficit control) Clause
• ???? ? FRBM Act: 3 Documents  (दस्तावेज़)
• ???⏬ Fiscal Consolidation (राजकोषीय एकत्रीकरण)

Next Economy Batch for UPSC CSE-2021

I’m also pleased to inform, my next batch for Economy for UPSC CSE-2021 is starting from June 2020 onwards, covering both Prelims and Mains topics of Economy.

• Coupon Code: Mrunal.org for 10% discount
• Registration Link: Click ME

Stay Tuned for the Remaining [Win20CSP] Pillar#2/3/4/5/6’s update packs at Mrunal.Org/Download