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Written-down value

At a given time, the result of making one or more annual of periodic deductions for depreciation against capital cost or worth.

News On Written down value
Goa govt slashes VAT on petrol to offset Central hike

01-06-2016| Source:PTI

Goa Government brought down the Value Added Tax on petrol to 15 percent from 20 percent and it will now cost Rs 59.10 per litre in the state, a day after the Centre hiked the prices of petrol

Morgan Stanley marks down Flipkart's valuation again

27-05-2016| Source:Moneycontrol.com

Morgan Stanley slashes the value of its shares in Flipkart to US 87.9 apiece from USD 103.97. Move comes close on the heels of similar markdowns by Fidelity Investments and Valic.

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