Questions

Only if either demand or supply was either completely elastic or inelastic will the tax burden fall entirely on either the buyer or the seller. Between these 2 extremes, tax incidence varies continuously from a perfectly inelastic supply or perfectly elastic demand, where the sellers assumes the entire burden of the tax to the perfectly elastic supply or perfectly inelastic demand where the buyers bear the entire burden. To better see how the elasticity of supply and demand affects tax incidence, consider a 20% tax on a can of soda. Suppose the government decides that the buyer should pay the 20% tax. Does this mean that the buyers will be paying 20% more, or will sellers have to share some of the tax burden? Since higher prices decrease demand, regardless of the reason for the higher prices, sellers will share some of the burden. How much of the burden will be determined by the elasticity of supply and demand for the product?

The 119th constitutional amendment bill 2013 sought to ratify the land boundary agreement between the two countries. This amendment needed special majority in the parliament to get passed. The bill proposed to amend the 1st schedule of the constitution to exchange the disputed territories occupied by both the nations in accordance with the 1974 bilateral LBA. Since, the law is not related to federal matters, only the approval of the Parliament is needed.

Central Inland Water Transport Corporation - Kolkata

Inland Waterways Authority of India - Noida

National Inland Navigation Institute - Patna

First National Inland Waterway -  Between Haldia and Allahabad