Introduction Consumer Protection Act is to provide for better protection of the interests of consumers and for the purpose to make provision for the establishment […]
Month: May 2022
Break-Even Analysis – Definition, Calculation, Benefits, Uses, Limitations
Introduction A break-even analysis is an economic tool that is used to determine the cost structure of a company and to understand equilibrium. The break-even […]
Franchising – Definition, Types, Features
Introduction Franchising is a form of marketing and distribution in which the owner of a business system (the franchisor) grants to an individual or group […]
Indian Contract Act – Definition, Elements, Types
Introduction Indian Contract Act, 1872 came in force on 1st September 1872. It is one of those laws which are given by Britishers long back […]
Averages – Definition, Types, Features, Examples
Introduction The averages is defined as the mean value which is equal to the ratio of the sum of the number of a given set […]
Foreign Exchange Market – Definition, Types, Features, Forex in India
Introduction The foreign exchange market or FOREX market is the market where currencies are traded. The market is a trading place. The forex market is the […]
Business Plan – Definition, Objectives, Process, Types
Introduction Business Plan is a written document that describes all the steps necessary in starting and operating a successful business. It is a written master […]
Joan Robinson’s Growth Model – Definitions, Importance, Assumptions, Models
Joan Robinson’s Model of Growth Mrs. Joan Robinson has given her model of growth in her classic book. ‘The Accumulation of Capital in 1956. Joan […]
Capital Gains Tax on Inherited Property
Capital gains tax on inherited property arises when the receiver of such property sells it. On receiving an inherited property, no capital gains tax applies […]
Taxes Collected by the State Government
The constitution of India gives and allocates powers to the central and state government to collect taxes in India. Moreover, as per article 265 of […]