CTN PRESS DAILY CURRENT AFFAIRS SERVICES FOR ITS MEMBERS TODAY’S CURRENT AFFAIRS DIGEST (CAD) Current Affairs Daily Digest – 15 November 2023 IICA signs MoU with Lean Campus Startups & WEICI India to Empower Corporate and Women Entrepreneurs On November 13, 2023, the Indian Institute of Corporate Affairs (IICA) signed a Memorandum of Understanding (MoU) with Lean …
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LAND USE SHIFTS: ASSESSING THE IMPACT OF THE PARALLEL ECONOMY The relationship between land use and the parallel economy presents a complex tapestry of interconnected factors that significantly impact societal, economic, and environmental dimensions. The parallel economy, often comprising unreported economic activities, informal sectors, and illicit trades, exerts a profound influence on how land is …
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DEFINING THE PARALLEL ECONOMY: UNVEILING ITS IMPACT ON LAND USE The parallel economy, often referred to as the shadow or underground economy, constitutes economic activities that occur outside the purview of government regulations and taxation. This clandestine realm includes unreported income, untaxed transactions, and unofficial labor activities that evade official oversight. While its scope varies …
DEFINING THE PARALLEL ECONOMY: UNVEILING ITS IMPACT ON LAND USE. Read More »
CAUSES OF THE PARALLEL ECONOMY AND ITS EFFECTS ON LAND VALUATION The parallel economy, often referred to as the informal or underground economy, encompasses economic activities that operate outside the purview of government regulations, taxation, and oversight. This phenomenon arises due to various factors, leading to significant implications for the valuation of land within affected …
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PARALLEL ECONOMY’S INFLUENCE ON REAL ESTATE MARKET DYNAMICS The real estate sector is a key indicator of a country’s economic health, but it is also significantly impacted by the parallel or informal economy. This shadow economy, comprising unreported, untaxed, or illegally obtained money, can exert a profound influence on the dynamics of the real estate …
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CONSTRUCTION INDUSTRY CHALLENGES AMIDST THE PARALLEL ECONOMY Construction Industry Challenges Amidst the Parallel Economy The construction industry plays a pivotal role in any country’s economic growth. However, it faces a multitude of challenges, with one of the most significant being the existence and impact of the parallel economy. 1. Impact on Taxation and Revenue The …
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