Economics

Merits and Demerits of Socialism

Socialism is a social and economic system refers to common ownership over the mean of production of state. It is…

14 years ago

Correction of Balance of Payments

Correction of Balance of Payment is a long term objective. Economies need strong and consistent steps to handle deficit Balance…

14 years ago

Principles of Taxation or Cannons of Taxation

An obligation on people and businesses of a country by the government is called taxation. Since ancient times, governments have…

14 years ago

Art Lies in Concealing Art

Art is actually a representation of life in which an artist tries his/her level best to show the images of…

14 years ago

Functions of Commercial Banks

The functions of commercial banks are ever increasing with changing demands and emerging technology. Commercial banking has a vast scope…

14 years ago

Direct and Indirect Taxes—Merits and Demerits

Direct Taxes All taxes paid directly to state authorities by the taxpayer are direct taxes, income tax, wealth tax, corporation…

14 years ago

Honesty is the bet policy but advertising also helps

An honest man is a brave. He may not be a warrior or popular man, but indeed he has won…

14 years ago

It is hard for an empty bag to stand upright

In order to stand upright some inner strength is needed. In human beings, it is character. It means that one…

14 years ago

Means Justify Ends

There are two philosophies of life. If a person wants to reach some destination, he may adopt different ways to…

14 years ago

Balance of Trade and Balance of Payment

Balance of trade and balance of payment are two commonly used terms in international economics. These terms are different but…

14 years ago