2018-03-19 13:30
What is 'Zero-Based Budgeting - ZBB'Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. The process of zero-based budgeting start… Read More
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A blog concerned with the sharing of knowledge and the awareness among the people. We update our database on the daily basis.
2018-01-30 06:06
Goods and Services TaxWhat is Goods and Services Tax (GST)It is a destination based tax on consumption of goods and services. It is proposed to be levied at all stages right from manuf… Read More
2018-01-29 12:36
The budget is an annual financial overview of the estimated revenue and expenditure of the government for the financial year. (From 1 April to 31 March). It is presented by the Union's Mini… Read More
2018-01-29 12:25
The Masala bond is a bond used for a financial instrument that allows Indian companies to raise money from foreign markets in rupees, not in foreign currencies. These are Indian rupee bond… Read More
2018-01-28 12:07
Reserve Bank of India is the central bank of the country. Reserve Bank of India was established on the recommendations of the Hilton Young Commission, the Reserve Bank of India Act, 1934 (… Read More
2018-01-27 16:20
DEFINITION of 'Demonetization'Demonetization is the act of stripping a currency unit of its status as legal tender. Demonetization is necessary whenever there is a change of na… Read More
2018-01-27 15:13
The Institute of Chartered Accountants of India (ICAI) is a national professional accounting body of India..It was established on 1 July 1949 as a body corporate under the Chartered Accounta… Read More
2016-11-18 08:12
A royalty is a payment made by one party, the licensee or franchisee to another that owns a particular asset, the licensor or franchisor for the right to ongoing use of that asset. Royalties… Read More
2016-02-27 12:57
The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market.Definition: The marketing mix refers to the set of actions… Read More
2014-11-11 14:57
International Financial Reporting Standards (IFRS) are designed as a common global language for business affairs so that company accounts are understandable and comparable across internati… Read More
2014-11-11 14:40
Indian Accounting Standards (abbreviated as India AS) are a set of accounting standards notified by the Ministry of Corporate Affairs which are converged with International Financial Reporti… Read More
2014-11-07 15:50
The Institute of Company Secretaries of India constituted under an Act of Parliament i.e. the Company Secretaries Act, 1980 is the only recognized professional body in India to develop and… Read More
2014-11-07 15:46
The Securities and Exchange Board of India (frequently abbreviated SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers o… Read More
2014-11-07 15:36
Life Insurance is the fastest growing sector in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. Lif… Read More
2014-11-07 15:33
Under the Companies Act, 1956 a private company could start its business immediately upon receiving certificate of incorporation. They were not required to obtained a certificate of commen… Read More
2014-11-07 15:29
A prospectus, in finance, is a disclosure document that describes a financial security for potential buyers. It commonly provides investors with material information about mutual funds, s… Read More
2014-11-07 15:27
A corporate promoter (also "projector") is a person who solicits people to invest money into a corporation, usually when it is being formed. An investment banker, an underwriter, or a stock… Read More
2014-11-06 15:21
The Reserve Bank of India is India's Central Banking Institution, which controls the Monetary Policy of the Indian Rupee. It commenced it's operations on 1 April 1935 during the British Rul… Read More
2014-11-06 15:06
In corporate governance, a company's articles of association (called articles of incorporation in some jurisdictions) is a document which, along with the memorandum of association (in cases… Read More
2014-11-03 11:10
The Companies Act 1956 is an Act of the Parliament of India, enacted in 1956, which enabled companies to be formed by registration, and set out the responsibilities of companies, their direc… Read More
2014-11-03 11:05
The memorandum of association of company, often simply called the memorandum (and then often capitalised as an abbreviation for the official name, which is a proper noun and usually include… Read More
2014-09-27 04:32
Electronic commerce, commonly known as E-commerce or eCommerce, is trading in products or services using computer networks, such as the Internet. Electronic commerce draws on technologies… Read More
2014-09-26 15:00
Digital Economy refers to an economy that is based on digital technologies. The digital economy is also sometimes called the Internet Economy, the New Economy, or Web Economy. Increasingly… Read More
2014-09-26 14:57
E business, or E-business, is the application of information and communication technologies (ICT) in support of all the activities of business. Commerce constitutes the exchange of products… Read More
2014-09-26 14:52
Joint Hindu Family Business is a distinct type of organisation which is unique to India. Even within India its existence is restricted to only certain parts of the country. In this fo… Read More
2014-09-24 12:55
A joint venture (JV) is a business agreement in which the parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the ente… Read More
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