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
Premium Indirect tax Tax Value added tax
an acquired unit by transferring capital‚ technology or management skills. The shift to services is being driven by 4 factors: * general move in developed economies‚ away from manufacturing and toward service * Many services cannot be traded internationally. * Countries liberalised their regimes governing FDI in services. * Rise of internet-based global telecom networks allowed service enterprises to relocate their value creation activities to different nations‚ take advantage
Premium Market economy Market Free market
1) Direct and indirect cost Direct cost- We can easy compare direct to fixed cost. They are very similar. Direct cost we can name this cost which are directly attributable to the sale of a product. Direct costs can be identified specifically with a particular sponsored project‚ or that can be directly assigned to such activity relatively easily with a high degree of accuracy.It is necessarily to good understand that cost shared expenditures are considered to be direct costs. We have 3 types of
Premium Costs Cost Variable cost
of suppliers‚ buyers‚ threats of new entry‚ substitutes and rivalry. Second‚ based on this strategic analysis‚ is an assessment of FreshDirect’s choice of a competitive e-business strategy: 1) differentiation within the grocery industry based on service quality‚ and 2) cost leadership in their warehouse operations. Overlaying these basic questions is the nature of the entrepreneurial environment and to what degree the FreshDirect owners are capitalizing on their resources‚ expertise and entrepreneurial
Premium Strategic management
Automatic Dependent Surveillance-Broadcast Brian W. Morgan Human Factors in Aviation Safety‚ SFTY 320 Abstract This paper will overviews the human factor implications of Automatic Dependent Surveillance-Broadcast (ADS-B). ADS-B is leading edge technology and since it is the future of air traffic control‚ these human factors issues need to be highlighted and resolved before full implementation of the system. ADS-B technology affords the opportunity for reduced separation standards‚ increased
Premium Air traffic control
BRIEF SUMMARY The desire to unseat its closest rival Hewlett-Packard in market share war in Australia has driven Dell dramatic change in the service strategy. Dell was successful by selling machines directly to customers – mostly business – by phone or over the internet. However‚ some analysts believed that its new strategy of selling through retailer is an uphill struggle (Koenig‚ 2008). As Barry Jaruzelski‚ a partner at the consulting firm Booz & Company said: “Now that so much of the market is
Premium Customer service Marketing Risk
Horizontal direct effect Horizontal direct effect is a legal doctrine developed by the European Court of Justice (ECJ) whereby individuals can rely on the direct effect of provisions in the Treaties‚ which confer individual rights‚ in order to make claims against other private individuals before national courts. By virtue of the doctrine of the ‘direct effect’ of Treaty provisions‚ individuals can rely directly on EC law before their national courts. There is no need for implementation of EC law
Premium European Union European Union law Treaty of Lisbon
outside laboratories were often cheaper‚ expecially on larger lots‚ due to no engineering part‚ ETO has to shift from simple inspection services to more technically sophisticated services. 2. Describe the existing cost system and calculate the cost of the 5 components in the case. What is wrong with the existing cost system? The existing cost system measures direct labour and overhead. Overhead is grouped into a single cost pool that includes overhead costs associated with each of the testing rooms
Premium Costs Cost Cost accounting
Exam III Direct marketing Idris Chris Enyinda‚ Ph.D.‚ Ph.D. 1a) Facebook generates a revenue of 2 billion dollars a year‚ yes it is free for user to join but that is where they generate there money from. With over 750 million active users Facebook make the majority of their money through advertising. The ads that appear on the right border of the screen. They gather all the information about you and accordingly they let the advertisement that they think you would be interested in appear
Premium Instant messaging Hypermarket Facebook
Foreign direct investment (FDI) is a direct investment into production or business in a country by an individual or company of another country‚ either by buying a company in the target country or by expanding operations of an existing business in that country. Foreign direct investment is in contrast to portfolio investment which is a passive investment in the securities of another country such as stocks and bonds. Definitions Broadly‚ foreign direct investment includes "mergers and acquisitions
Premium Investment Foreign direct investment Insurance