Reading Suggestion 1: It’s not tax sops that fuel startups

Article Source: The Economic Times

Author: Economic Times bureau

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Exemptions: Immunity from an obligation or duty.
Venture Capital: Wealth available for investment in new or speculative enterprises.
Exempt: Not subject to taxation.
Capital Gains: The amount by which the selling price of an asset exceeds the purchase price; the gain is realized when the asset is sold.
Deferred: Hold back to a later time.
Domiciling: Make one’s home in a particular place or community

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Reading Suggestion 2: Granted life, but never free

Article Source: The Hindu.

Author: Nishant Gokhale

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Arbitrariness: The trait of acting unpredictably and more from whim or caprice than from reason or judgment.
Quantum: A discrete amount of something that is analogous to the quantities in quantum theory.
Statutory: Prescribed or authorized by or punishable under a statute/legal.
Remission: The cancellation of a debt, charge, or penalty

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Reading Suggestion 3: G20 should consider a new, more fair intellectual property rights regime.

Article Source: The Economic Times

Author: SA Aiyer

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Fait accompli: An irreversible accomplishment.
Monopoly: (economics) a market in which there are many buyers but only one seller.
Recoup: Reimburse or compensate (someone), as for a loss.
Eviscerates: surgically remove a part of a structure or an organ.
Gouging: Force with the thumb.

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Wordpandit’s Note: In this post, you will find two articles related to economics and one article related to law. These articles would help you develop vocabulary from these subjects and in the future, help you understand articles with similar themes and structures.


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