These days we often hear the phrase called “taking a haircut”. What does it mean, and how it effects a common man? In simple language,… Read More »Taking a Haircut, what it means for the banks?
Why Government cannot print currency notes and give to needy? After all, printing currency notes is in control of RBI and GOI. It needs no… Read More »Why Cannot Print Currency Notes and Give to Needy?
There was a time when India was primarily an agriculture based economy. But today the service sector and the manufacturing sector contributes to about 75%… Read More »How Indian Financial Market is Structured?
Understanding of Debit and Credit transactions is essential for accountants. But these days, “this rule” is taught even to Business Schools. Debit and Credit transactions… Read More »The Rule of Debit and Credit Transactions: Examples
There is a strong relationship between GDP and tax revenue. But before we must know what is GDP (Gross Domestic Product). GDP is an indicator of… Read More »Relationship Between GDP and Tax Revenue
Every balance sheet transactions recorded by the company, alters its Balance sheet. For investors, it is interesting to understand balance sheet transactions of companies. Though… Read More »How to Record Balance Sheet Transactions: Examples