Tax management is an integral part of tax planning. It takes necessary precautions to comply with legal formalities to avail the tax exemption/ deduction, rebate… Read More »Tax Management: Difference between Tax Management and Tax planning
Income Tax Act Income Tax occupies a dominant place in direct taxes and it is an important source of revenue for the government. The Income… Read More »Income Tax Act, 1961: Income Tax
Euro Bonds Eurobonds constitute a major source of borrowing in the Euro-currency market. A bond is a debt security issued by the borrower, Which is… Read More »What is Euro Bonds? Types of Euro-Bonds
International Monetary Fund was conceived in July 1944 during the United Nations Monetary and Financial Conference. The representatives of 45 governments met in the mount… Read More »What is International Monetary Fund (IMF)?
International capital budgeting is more complicated than domestic capital budgeting because MNC’s are typically large and capital intensive, and because the process involves a larger… Read More »International Capital Budgeting? Importance
Multinational Corporation (MNC) or Transnational Corporation (TNC) is a corporation or enterprise that manage production or delivers services in more than one country. Definition of… Read More »What is Multinational Corporation (MNC)
The term Tax comes from the Latin word “Taxation”. It means to determine the payable quantum on an estimate. Taxing authority determines tax to be… Read More »What is Taxation? Classification of Income Tax
Meaning and Definition of Fiscal Policy Fiscal policy represents the government policy related to tax and expenditure. It is a type of economic policy which… Read More »What is Fiscal Policy: Nature and Objectives
Meaning and Definition of Dividend The term dividends refers to that part of profits of a company which is distributed by the company among its… Read More »What is Dividend? and Types of Dividends
Definition of Wealth Maximization Wealth maximization is the ability of a company to increase the market value of its common stock over time. The market… Read More »Difference between Profit Maximization and Wealth Maximization