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Balance Sheet | Bank Exam Preparation

Balance Sheet | Bank Exam Preparation Dot Nepal presents useful notes for the Bank Exam Preparation. Balance Sheet Introduction of Balance Sheet Balance sheet is that financial statement which is able to present assets, capital and liabilities of organization at any point of time. It is not a ledger but …

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Accounting and Its Principles | Bank Exam Preparation

Accounting and Its Principles | Bank Exam Preparation Dot Nepal presents useful notes for the Bank Exam Preparation. Accounting and Its Principles | Bank Exam Preparation Introduction of Accounting and its Principles Introduction of Accounting Accounting is the language of business and mirror of financial transaction. Combination of records, reports, …

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Tax Avoidance: Methods of Tax Avoidance

Tax Avoidance: Methods of Tax Avoidance Tax Avoidance Reduction of tax taking advantages of loopholes and weakness in tax laws – without breaking the laws-immoral/unethical practice. Tax avoidance is saving taxes without actually breaking the law. It is using the loopholes of the tax law. It is not illegal but …

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Tax Evasion: Methods of Tax Evasion

Tax Evasion: Methods of Tax Evasion Tax Evasion An illegal practice where a person, organization or corporation intentionally avoids paying his/her/its true tax liability. Those caught evading taxes are generally subject to criminal charges and substantial penalties. Tax evasion is the way of reducing tax liability by illegal unethical and …

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Importance of Tax Planning: Features and Methods of Tax Planning

Importance of Tax Planning: Features and Methods of Tax Planning Tax Planning Tax planning is avoiding tax by availing the various relief’s and concessions available in the law. It implies compliance with taking provisions in such a manner that full advantage is taken of all tax exemption, deduction, concession, rebate …

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