PERSONAL COPY/ NOT FOR SALE OR CIRCULATION (Session 2012-13) INTRODUCTION HISTORY OF INCOME-TAX: 1. India’ trust with income tax dates back to 1859 when James Wilson‚ Finance member in the Council of India‚ came to the country to establish the tax structure‚ a new paper currency and to remodel the finance system. 2. A bill imposing tax on profits from property‚ professions‚ trades and offices was passed by the Legislative Council of India. It received the assent of the Governor General on July
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Maslow’s hierarchy of needs. Maslow (1954) argued that individuals have a hierarchy of needs‚ and true motivation is achieved by fulfilling higher level of needs. Emphasized by various motivation theories‚ income (money) has been an essential factor which can affect motivation. Someone who has low income jobs tends to have low motivation. Consequently‚ low motivation will result in low effectiveness and high rate of staff turnover‚ which has a negative influence on company’s performances. As a multi-national
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OPERATING RETURN ON ASSETS (OROA) Year | 2007 | 2008 | 2009 | 2010 | 2011 | Public Bank Berhad | 1.96% | 2.01% | 1.84% | 2.09% | 2.08% | RHB Bank Berhad | 1.89% | 2.09% | 1.93% | 1.98% | 1.70% | Operating return on assets (OROA) ratio is measure of the return earn by a firm operations divided by total assets. The operating return on assets indicates how much will return earned by a firm operation for every RM1 of the total assets. Public Bank Berhad generated RM0.0196 of operating profit for
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successful product designs led to rapid growth of the company‚ with resulting needs for additional capital to support the growth. This case describes the major financing transactions entered into by Xytech in its first 10 years of existence. The firm’s earnings history also is given. You are to write a journal entry for each transaction as it is described. You should be explicit about what noncurrent liability and owners’ equity – that is‚ invested capital – accounts are affected by the transactions‚
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COURSE CODE: ACC325 (ASSIGNMENT) MATRIC NO: 09AA08569 TOPIC: ‘Income tax is one of the major sources of revenue for all government in Nigeria and it is a factor to be recon with in both the state and the Federal Government body….It is an enforced contribution of money enacted pursuant to legislative authority….Analyze the importance and the problems of TAXATION and the way forward in Nigeria………….’ INTRODUCTION Income taxes provide the largest single source of government revenues in most
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Correctional Facilities & Corruption Combined HU245 Correctional Facilities & Corruption Combined Correctional facilities house some of the most violent individuals in America. Keeping these criminals in line is the fiduciary responsibility of a correctional officer. These officers are held to a much higher standard than your average law enforcement officers. This research paper will discuss the corruption amongst correctional officers‚ gratuities received‚ motivation
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Part 1 To practice lesson planning‚ create an age appropriate sensory activity for early childhood-aged students. Your lesson plan should include a goal‚ learning outcomes‚ materials‚ and a step-by-step guide on how to complete the activity. You will want to refer back to Lesson 5 to see an example of how to format and create your lesson plan as well as ideas and suggestions. Title: Slime Letters Goal: To gain knowledge of letters of the alphabet through sensory play during small group time in
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ANGEL JOICE C. VELANDO “Are there any significant experiences you have had‚ or accomplishments you have realized that have helped to define you as a person?” Experiences and accomplishments that helped me define me as a person? I can say everything! The things that I saw from the moment I opened my eyes in the morning‚ from what I read‚ what I see on a billboard and television‚ or even what I smell on the way to school. These things help me stimulate my thoughts and
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com/Occasional_Papers/OP78/op78.html What is buyback? Buyback is reverse of issue of shares by a company where it offers to take back its shares owned by the investors at a specified price; this offer can be binding or optional to the investors. Why companies buyback? * Unused Cash: If they have huge cash reserves with not many new profitable projects to invest in and if the company thinks the market price of its share is undervalued. Eg. Bajaj Auto went on a massive buy back in 2000 and Reliance’s
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A man in his search of the human‘s soul once wrote “Nature is not primarily functional. It is primarily beautiful. Which is to say‚ beauty is in and of itself a great and glorious good‚ something we need in large and daily doses. Nature at the height of its glory shouts‚ Beauty is essential” (Eldredge 34)! The authors of Walden and Thanatopsis regard beauty as a necessary part of nature and life. Walden‚ written by Henry David Thoreau‚ is a story of a man who finds out more about himself while living
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