During the reign of Dhruva (c. 780 – 793 CE), the Rashtrakuta kingdom expanded into an empire that encompassed all of the territory between the Kaveri River and Central India. He led successful expeditions to Kannauj and defeated the King Nagabhatta II. He also defeated the Palas of Bengal (Dharmapala).
Halivakara is a kind of tax in the Gupta era. Halivakara was a plow tax, paid by every cultivator owning a plow.Some of its taxes include Bali, Bhoga, etc.
Earliest evidence of Banking in India is found from the period of Vedic Civilization. During those days, loan deeds called rnapatra (ऋणपत्र) or rnalekhya (ऋणलेख्य) were prevalent. Interest rates as well as usury (सूदखोरी) was prevalent in Vedic India. The Vedic word Kusidin refers to an usurer (सूदखोर).This term is also found in Manusmriti.
EXAMIANS