Near Money

Near Money

Introduction Every corporate entity requires working capital for the smooth flow of the business. Any deficiency in the working capital, calls for the requirement of debt. Debt is always a double-edged sword that has the capacity to create volatility in the profits of...
Duty Entitlement Pass Book Scheme (DEPB)

Duty Entitlement Pass Book Scheme (DEPB)

Duty Entitlement Pass Book Scheme (DEPB) facilitates Exporters to neutralize the amount of Customs Duty paid for the import of Inputs, which will be used in making Export Products. Also, DEPB enables exporters to import raw material which will be exempted from Customs...
Advance Authorization Scheme (AAS)

Advance Authorization Scheme (AAS)

Under the Advance Authorisation Scheme, the Directorate General of Foreign Trade (DGFT) India grants a licence, also known as Advance licence, to manufacturer exporter, merchant exporter and even sub-contractors (provided the name of such subcontractors appears in the...
Duty-Free Import Authorization (DFIA) Scheme

Duty-Free Import Authorization (DFIA) Scheme

Duty-Free Authorization Scheme (DFIA) is the Scheme that allows duty-free imports of raw materials used for exported products. It includes inputs, fuel, oil, energy sources, acatalyst However, this scheme is applicable post exports; this means that duty-free imports...
Short Selling

Short Selling

Introduction Ever heard of earning profits when the market falls? Well, this obviously sounds weird as to how can someone earn profits if the prices are falling! Short sellers do the same. Traditionally, to earn profit, investors used to buy at lower price and then...