What is ‘Accrual Accounting’?

Accrual Accounting is a technique of accounting in which transactions viz. revenue and expenses are recorded as and when they are incurred irrespective of when the cash is exchanged. This is highly significant in the assessment of the health of any organisation. This is useful in businesses where many credit transactions or even goods and […]


Tax Avoidance and Evasion

This article discussed various methods of Tax avoidances and problem of Transfer pricing and its implications on India’s tax revenues. Methods of Tax avoidances Tax Havens: Route profits through subsidiaries located in tax havens No Repatriation of Profits: Companies headquartered in the US give a declaration to the tax a authorities there to not repatriate […]