The convergence of accelerating inflation and heightened tariff costs creates optimal conditions for adopting LIFO, but taxpayers need to understand the benefits and act promptly.

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

Learn how average cost flow assumption helps businesses manage costs efficiently in inventory, COGS, and ending inventory. Explore its applications and benefits.

Learn how to use this simple technique to curb the clutter in your home.

Many investors ask: can you hold multiple demat accounts in India? The answer is yes, and it’s completely legal. However, ...

Looking for an alarm system to make you feel more secure? We've tested all the top professional and DIY home security systems to help you decide which is right to protect your family and property.

From 1 February 2026, most tobacco products attract 40% GST with excise-based levies replacing compensation cess. GST will now be computed on MRP instead of transaction ...