Categories: Investing Essentials

Index Of Economic Freedom

Index of Economic Freedom is the measure of jurisdiction allowed to countries against each other in terms of various factors like the tax treatment, ease of setting up business and trading, effectiveness of the judicial process, etc. These parameters are then evaluated and given weightage according to their importance to arrive at a particular score or rank. This rank determines the favourability or preference towards a country and vice versa.

Who publishes the Index of Economic Freedom?

This index is annually published by the Heritage Foundation and Wall Street Journal. In 2021, India ranked 26th out of the 40 Asia-Pacific countries being contested in the index. In 2022, India ranked 27th among the 39 countries ranked in this category.

abhilash.st

Share
Published by
abhilash.st

Recent Posts

PPF calculator

A PPF calculator is an online tool that helps you calculate the maturity amount at…

11 months ago

Non-Resident Indian (NRI) PPF Account

Non-resident Indians are not allowed to open a new PPF account. However, if a resident…

11 months ago

Minor Account

A PPF account can be opened by a parent or guardian on behalf of a…

11 months ago

Joint Account

PPF rules do not allow joint accounts. An account can only be opened in the…

11 months ago

Extension of PPF Account:

After the maturity of the PPF account, you have the option to extend it for…

11 months ago

Withdrawal

From the 7th financial year onwards, you can make partial withdrawals from your PPF account.…

11 months ago