Expense Account, Mint When I began researching why we count gold on the current account and not the capital account, I was simply seeking an answer to what looked like an illogical classification of a metal we know to be an asset. And as it is with most things, once you start pulling at a...
Expense Account, Mint Why do gold imports get counted in the current account and not the capital account in a country’s balance of payment (BoP) accounts? The origin of the question stems from the unfairness of the wholesale blame that Indian household gets for soaking up a quarter of the yearly world demand for gold...
Expense Account, Mint OK. So there is one more acronym to remember and deal with. Jostling for space with PAN, KYC and UID is a newly born creature. Meet the little fledgling—it’s called the EUIN or the Employee Unique Identification Number. When it grows up, it will cover the three million sellers of financial products...