Goods and Services Tax (GST) is a comprehensive tax system that has been implemented in India since July 1, 2017. It has replaced the various indirect taxes like VAT, Excise duty, Service tax, etc. Royalty is a payment made by a company to another for using intellectual property such as patents, copyrights, trademarks, etc. In…
An audit trail is a record of all events and transactions that occur within a system, network, or application. It is a chronological record of every digital activity, user interaction, and system function. An audit trail helps to ensure the integrity and accuracy of data by providing a detailed history of every action taken on…
Taxation is an essential aspect of any modern economy, and the United States is no exception. The U.S. tax system is complex, with a wide range of tax laws, regulations, and procedures. For individuals living and working in the United States, understanding U.S. taxation is crucial. In this article, we’ll provide an overview of U.S….
Corporate Social Responsibility (CSR) refers to the ethical practices and obligations that companies have towards society and the environment. The concept of CSR has gained widespread acceptance in recent years, and many businesses have incorporated it into their operations. The purpose of this article is to discuss the applicability and implementation of CSR in modern…
Financial planning is one of the most important aspects in achieving one’s life goals. A solid financial plan may help us manage our income, expenses, and investments, allowing us to live the life we want while accounting for shifting expenses, unforeseen expenses, and economic downturns. But how can one develop a plan that controls risk…
The Indian Premier League (IPL) is the most lucrative domestic T20 cricket league in the world, attracting top talent from around the globe. With massive sponsorships and broadcast deals, IPL franchises are willing to shell out millions of dollars to secure the services of the best players. Let us decode the salary structure of the…
Government Securities or G-Secs are debt instruments issued by the Indian government to finance its fiscal deficit. G-Secs are considered safe investments as they carry the sovereign guarantee of the Indian government. One of the key factors that determine the attractiveness of G-Secs is their yield, which is the return that an investor earns on…