In this article we will discuss about the mechanism of financial assistance for promoting exports. Exporters may avail pre-shipment credit, post-shipment credit, term loans, suppliers' credit and buyers' credit. 1. Pre-Shipment Credit: Also known as packing credit, it is a loan given by a financial institution (either a commercial bank, or an Exim bank) to the exporter before shipment of [...]
In this article we will discuss about:- 1. Meaning of Transfer Pricing 2. Transfer Pricing in India 3. Transfer Pricing Methods 4. Case Study on Tarragon Chemicals and Transfer Pricing. Meaning of Transfer Pricing: Transfer price is the price at which two related parties undertake a commercial transaction between each other. The related parties are called associated enterprises. So, transfer [...]
After reading this article you will learn about:- 1. Introduction to Trading Blocks 2. Formation of the Trading Blocks 3. Review of Selected Trading Blocks. Introduction to Trading Blocks: Geographical proximity and common interests are the two reasons for nations to come together and form a community having mutual respect and responsibility for each other's interests. Geographical proximity is the [...]