Petrol Price Mechanism

by | Apr 22, 2014 | Topics in Focus | 2 comments

Topic Presentation Petrol price mechanism from Wordpandit Introduction Price mechanism is an economic term that deals with the buyers and sellers who conciliate prices of goods or services depending on demand and supply. A price mechanism refers to a wide variety of...

General Anti-Avoidance Rule (GAAR)

by | Apr 22, 2014 | Topics in Focus | 0 comments

Topic Presentation General anti avoidance rule(gaar) from Wordpandit Introduction Tax avoidance like tax evasion, seriously undermines the achievements of the public finance objective of collecting revenues in an efficient, equitable and effective manner. The concept...