Basics of Direct Taxes(Income Tax Act) and Indirect Taxes(VAT‚ CST‚ Excise duty‚ Service Tax etc.‚) The Persons who are taxed are called “Assessees”. Assessees or “Person” under the Income Tax Act‚ 1961(as amended Yearly under the respective Finance Acts) are as follows:- 1) Individual 2) Hindu Undivided Family(HUF) 3) Firm or Association of Persons(AOP) 4) Joint Stock Company 5) Every other person Whether an Assessee is liable to be taxed and if so‚ on what income etc.‚ depends on the
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Direct and indirect rule is a significant concept in Southeast Asian colonial history. It refers to the method of rule that colonial powers practiced on the Southeast Asian nations which they ruled. Definitions and Examples of Direct and Indirect Rule ‘Direct’ rule means relying on colonial administrators to run the colony‚ with little reliance on the locals‚ such as in the case of Burma since their annexation in 1886. Upon Burma’s annexation by the British‚ many of its political systems were
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Product cost is the cost of direct labor‚ direct materials‚ and manufacturing overhead that are consumed to create a product. Product cost can also be considered the cost of the labor required to deliver a service to a customer. Direct Material Cost Definition: Direct material cost is the cost of materials used to manufacture a product or provide a service. Direct Labor Definition: Direct labor is production or services labor that is assigned to a specific product‚ cost center‚ or work order
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Running head: ANALYSIS OF DIRECT COSTS Friday‚ August 22‚ 2014 Analysis of Direct Costs Kristin Velix Professor Bartillomo Strayer University Introduction Developing and building a drone is one thing while developing a navigation system is completely another aspect. A drone can be considered a toy without a well-engineered design and functional navigation system. The navigation system is mainly used to give commands to the drone to undertake actions that are compatible
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Direct and Indirect Representation Living in a democratic society‚ we as Americans have the right to vote on just about all aspects of our lives. The votes that we cast either have a direct or an indirect representation of our beliefs. In cases such as city and statewide laws‚ our beliefs are directly represented; in all national and organizational matters our votes have an indirect impact. The decisions are made by elected officials who we vote into office to represent our beliefs. One example
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Direct and Indirect competition The water industry as many other industries has direct and indirect competitors; the direct competitors are companies that are producing the same line of products and indirect competitors are the ones that are selling something that your customers or potential buyers may use as an alternate or substitute of your products. An example of direct competitor is Seychelle Water Filtration company‚ they are a fast growing water company. They have complete portable water
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Presentation for Direct and Indirect Discrimination Direct discrimination can be less favourable treatment‚ which includes harassment or bullying. Comparably similar legal definitions of indirect discrimination and harassment apply in respect of sexual orientation‚ religion‚ age‚ gender and disability. Most people understand direct discrimination. Indirect discrimination occurs where the effect of certain requirements‚ conditions or practices imposed by an employer or education provider
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largest of the three operating units of Polysar Limited. The primary users of its products‚ such as butyl and halobutyl‚ are manufacturers of automobile tires; other users are from various industries. In 1986‚ Rubber group contributed 0.8 billion which is 46 percent of the company annual sale. The operation of the group is divided into four divisions‚ NASA (North America and South America) and EROW (Europe and rest of the world)‚ Research department and Global Marketing department. NASA and EROW
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Direct vs. Indirect Leadership The term leadership is a word taken from the common vocabulary and incorporated into the technical vocabulary‚ of a scientific discipline without being precisely redefined. As a consequence‚ it carries extraneous connotations that create ambiguity of meaning (Janda‚ 1960). Leadership has been described as the “process of social influence‚ in which one person can enlist the aid and support of others in the accomplishment of a common task”. Social
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DIRECT AND INDIRECT SPEECH Direct Speech - saying exactly what someone has said is called direct speech (sometimes called quoted speech). - what a person says appears within quotation marks ("...") and should be word for word. For example: She said‚ "Today’s lesson is on presentations.” Or "Today’s lesson is on presentations‚" she said. - Indirect Speech (sometimes called reported speech)‚ doesn’t use quotation marks to enclose what the person said‚ it doesn’t have to be word for word. -
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