Attribution of compulsory taxes by government is main characteristic of financial system. Taxes are levies in every country to generate revenue. Rudimentarily to raise revenue for government expenditure, and for other purposes as well. Without taxes, government would be unable to meet demands of the societal needs. Taxes are crucial […]
What Is the Gig Economy? In a gig economy, temporary, flexible jobs are commonplace and companies tend to hire independent contractors and freelancers instead of full-time employees. A gig economy […]
Stress is part of being human, and it can help motivate you to get things done. Even high stress from serious illness, job loss, a death in the family, or […]
What Are Property Rights? Property rights define the theoretical and legal ownership of resources and how they can be used. These resources can be both tangible or intangible and can […]
What Is Financial Literacy? Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. Financial literacy is the foundation of […]
Unemployment has become one of the biggest problems around the world. When an individual is an implied, he or she will know very less about the mankind. It is so difficult to face situation and handle situations when the individual is unemployed. Unemployment leads to many silly mistakes. And an […]
“The unthinkable is that we’re distorting this atmospheric balance. We’re shifting the chemical balance so that we have more poisons in the atmosphere – ozones and acid rain on ground level – while we’re also changing the thermal climate of the earth through the greenhouse effect and – get this […]
Many people think that in the professional world, selfishness and greed are the characteristics that pay dividends. But the truth is, excepting win-lose situations, that the most successful people in the medium […]
Asymmetric information, also known as “information failure,” occurs when one party to an economic transaction possesses greater material knowledge than the other party. This typically manifests when the seller of a good possesses greater knowledge than the buyer; however, the reverse dynamic is also possible. Almost all economic transactions involve information […]
India’s transport sector is large and diverse; it caters to the needs of 1.1 billion people. In 2007, the sector contributed about 5.5 percent to the nation’s GDP, with road transportation contributing the lion’s share. Good physical connectivity in the urban and rural areas is essential for economic growth. Since […]
Excel is typically used to organize data and perform financial analysis. It is used across all business functions and at companies from small to large. The main uses of Excel include: Data entry. Excel is a software program created by Microsoft that uses spreadsheets to organize numbers and data with […]
Welcome to the anti-meritocratic world, this world. What are you going to do about it? Will you stand back and watch while cronyism, nepotism, the old school tie, the private club, the right university, the right accent, the right background, the right secret society, the right religion, the right family, […]
“The Principle of Public Finance means the fundamental rule by which the financial policy of the state is determined.This fundamental rule of principle of public finance is called “The Principle of Maximum Social Advantage “ The credit for the implementation of this principle goes to Prof. Pigou and Prof. Dalton […]
EDUINDEX NEWS 