EXEMPTIONS/AMENDMENTS IN/WITHDRAWAL OF EXISTING EXEMPTIONS Rate of service tax restored to 12% As per section 66‚ the charging section under earlier regime‚ rate of service tax was 12% of the value of taxable services. However‚ the rate of service tax was reduced to 10% vide Notification No. 8/2009 ST dated 24.02.2009. With effect from 01.04.2012‚ Notification No. 02/2012-ST dated 17.03.2012 rescinded the said notification and the rate of service tax was restored to 12% for the period between 01.04.2012
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The "Rocking-Horse Winner" by D.H. Lawrence is a story‚ which emphasizes a damaged relationship between a mother and her child. The author’s work is known for its explorations of human nature and illustrates the nature of materialism. The author employs techniques of the fairy tale to moralize on the value of love and the dangers of money. D.H. Lawrence presents an upper class family that is destroyed by greed. The family continuously experienced the need for more money. D.H. Lawrence tells the
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SOCIO-ECONOMIC PROBLEM OF TAX AVOIDANCE AND EVASION IN NIGERIA: AN OVERVIEW Dominic Asada LL.B. (Hons.) B.L‚ LL.M. Tax Avoidance and Evasion are some of the most perplexing problems facing the nation today. It is widely believed that there is a considerable difference between estimated revenue from taxation every year and what is actually collected. This disturbing aversion to taxation has some historical antecedents. Traditionally‚ there has always been a hostile response to the payment of tax by the people
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Definition of Tax ; The word ‘tax’ has been derived from the French word ‘taxe’ and the Latin word ‘taxare’ which means ‘to charge’. Tax is a contribution exacted by the state. It is a non-penal but compulsory and unrequited transfer of resources from the private to the public sector‚ levied on the basis of predetermined criteria. According to P. E. Taylor‚ “ Taxes are compulsory payment to government without expectation of direct return in benefit to the taxpayer. According to
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SHC 33 1-1.2 Describe the potential effects of discrimination Discrimination mean mistreatment with group of people or individual. People harm (discriminate) other people because of their ethnicity‚disability‚feel that someone is weaker‚ showing off infront of friends‚ because of their views‚ nationality‚gender‚ atc .. Effects of discrimination can be different‚ it depends on each person individually. Person who is discriminated may harm himself physically or mental. For example‚ a girl who
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Introduction) Tax Structure in Malaysia Generally‚ all income of companies and individuals accrued in‚ derived from or remitted to Malaysia are liable to tax. However‚ income remitted to Malaysia by resident companies (other than companies carrying on the business of banking‚ insurance‚ air and sea transportation)‚ non-resident companies and non-resident individuals are exempted from tax. Apart from income tax‚ there are other direct taxes such as real property gains tax‚ and indirect taxes
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American history‚ horses have been by our side. They were our transportation‚ an advantage in war‚ ways to herd cattle for food‚ and our family. To thousands and thousands of people in the U.S‚ these beautiful animals are still family‚ or means of money. Whether people are herding cattle‚ barrel racing‚ jumping‚ teaching people to ride‚ or running a summer camp‚ whatever the case may be‚ all these animals do is what we ask of them. Humans are repaying them with cruel deaths. Horse slaughter should
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ownership and he will not involve in the business. They planned to grow the business and seek more owners and capital in the future. They would borrow $800‚000 for building and $300‚000 from local bank and $200‚000 from Mike for additional cash. They believe the company will take a few years to become profitable. The company will either go public or sell to large retailer after grow. The company has asked us to research what kind of entity to form. A business may choose to operate as either a C corporation
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Sea Horse Scientific Name: Hippocampus Kingdom: Animalia Common Name: Sea Horse Seahorses are truly unique‚ and not just because of their unusual equine shape. The seahorse
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Starting a dog breeding business is an endeavor that can be exceptionally rewarded‚ but at the same time‚ one that has its own challenges. The dog breeding world has expanded greatly‚ and now people who love dogs and love breeding them can make a living out of their passion. The business isn’t for everyone‚ but if you know a lot about a particular breed and have a desire to turn your passion for canines into a full-time pursuit‚ becoming a dog breeder may be the right opportunity for you. A dog
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