The global supply chain is filled with several variables that add to its complexity: government regulations, ever-changing customer demand, rising transportation costs, and international events such as pandemics. Any innovation that helps improve the supply chain’s efficiency can help increase your bottom-line profit. Artificial intelligence (AI) is one such innovation that helps optimize the supply chain by better forecasting customer preferences and cutting costs by automating some repetitive manual tasks. …

Summary Fiscal policy tools are implemented through the annual budget, which outlines the government’s revenue and expenditure plans. India employs various tools of fiscal policy to achieve its economic objectives. While major policy announcements are not expected due to vote on account budget, but at the same time, Government strives to maintain the growth momentum achieved and will set the path ahead on a strong foot forward. Fiscal policy in India refers to the government’s use of taxation and public spending to influence the overall economy. It …

There are eight main annexures to cost audit report with their respective explanations. The annexures are: 1. General 2. Cost Accounting System 3. Process of Manufacture 4. Quantitative Details 5. Break- Up of Cost of Input Materials Imported during the Year 6. Power, Fuel and Utilities 7. Salaries and Wages 8. Repairs and Maintenance. …

The myths prevailing in the Indian markets often restrict the Start-up or SME organizations to having a Virtual service provider. Here are the rationales who shall answer your question, whether …

If you are confused about whether to hire one or not, here are the benefits of having a Virtual CFO for every small and medium enterprise (SMEs): Economical: The first …