Economic rationale of stock exchange demutualisation - I
Prior to 1990s, stock exchanges all over the world used to operate as mutual organisations. In early 1990s, these started to undertake major organisational and operational changes. One of the most noted changes was the trend towards demutualisation. The demutualisation trend was started in 1993 by the Stockholm Stock Exchange....
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VAT-able price in the new VAT law
THE new VAT law will be effective from July 01, 2017. It is an improvement on the current law.
VAT is imposed on the price of goods or services. This price is called VAT-able price. If the VAT-able price is high, there will be more VAT and contrarily, if the...
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