CAPITAL GAINS According to income tax act 1961 ‘capital gains’ is the fourth head of income. Any profit or gains arising from the transfer of capital assets during the P.Y. shall be chargeable to income tax under the head capital gains and shall be deemed to be the income of P.Y. in which the transfer took place. Thus from a plain reading – Profits or gains earned on the sale of capital assets by an assessee during the P.Y. is called as capital gains. Meaning of Capital Asset: Capital asset means
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“Capital Punishment should be banned.” Discuss. Should Capital Punishment be prohibited by the law? The purpose of the execution of criminals is to condemn‚ deter crime and suppress political dissent. Most countries practice Capital Punishment for those who commit murder‚ drug trafficking‚ treason (act of a traitor)‚ espionage (practice of spying) or are as part of military justice. Some countries impose Capital Punishment on sexual crimes. Specifically speaking‚ rape‚ adultery‚ sodomy or incest
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2.5 Working Capital This section includes: Definition and classification of working capital Determinants of Working Capital Measurements of Working Capital Working Capital Financing Management of Working Capital Inventory management Cash Management Receivables Management INTRODUCTION : The term working capital is commonly used for the capital required for day-to-day working in a business concern‚ such as for purchasing raw material‚ for meeting day-to-day expenditure on salaries‚ wages‚ rents rates
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defines good and services that are produced specifically for the markets as ’commodities’. Marxist see commodity is any goods or services produced by human labour and offered as a product for general sale on the market. Marx’s capital is about CORE relationship between capital and labour. As Capitalism is also a social system which is centred on the principles of commodity production and profit making as money is the profit principle. As ’capitalist’ invest in order to make profit as they are the ’owners
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The electronic private automatic branch exchange (EPABX) is equipment that has made day-to-day working in the offices much simpler‚ especially in the area of communication. The EPABX may be defined as a switching system that makes available both internal and external stitching functions of any organisation. The selection of an EPBAX is a difficult task and requires deep knowledge of traffic pattern of the office. By using an EPABX both the internal and external needs of the organisation are
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09/05/2014 A - Capital budgeting is an analysis of potential additions to fixed assets‚ it is part of the long term decisions taken by the top management and involve large expenditures. The capital budgeting is very important to firm’s future. The difference between capital budgeting and individual’s investment decisions are in the estimation of cash flows‚ risk‚ and determination of the appropriate
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INTRODUCTION WORKING CAPITAL MANAGEMENT 1. Introduction 2. Need of working capital 3. Gross working capital 4. Net working capital 5. Determinants of working capital Working capital management Working capital management is concerned with the problems arise in attempting to manage the current assets‚the current liabilities and the inter relationship that exist between them. The term current assets refers to those assets which inordinary course of business can be‚or
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Proposal for the Student Internship Affiliation Report Semester: Fall‚ 2012-2013 Title of the Report: General Banking activities of Shahjalal Islami Bank Ltd. Rationale for selecting the Report: Shahjalal Islami Bank has discovered a new horizon in the field of banking area which offers different General Banking‚ Investments‚ foreign exchange‚ Information Technology and HRD (Human Resource Development) banking system. General Banking is the heart of Banking. Here money collection procedure occurs
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Diamonds are Forever (from Sierra Leone)‚ Kanye West The famous song “Diamonds are Forever (from Sierra Leone)” is not only a good song that is sung by a legendary music artist‚ Kanye West‚ but it is a hidden message political song that is directly talking about the precious blood diamonds from the southern countries of the continent Africa. When someone hears the two words “blood diamond‚” most would probably assume that the diamonds are from Africa and that there are many people who die trying
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Diamonds has played an important role in jewelry industry for years‚ its sparkle and glow made it girl’s best friend. However‚ due to the high prices of all diamonds‚ illegal traders around the world buy illegal diamonds to fund terrorism‚ violence mainly in Africa‚ and to buy weapons to threaten the government and people in African regions. Blood diamonds or converted diamonds is a term used for a diamond mined in a war zone and sold to finance war on the mined country‚ and to buy weapons. This
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