Direct Taxes: A Direct tax is a kind of charge‚ which is imposed directly on the taxpayer and paid directly to the government by the persons (juristic or natural) on whom it is imposed. A direct tax is one that cannot be shifted by the taxpayer to someone else. The some important direct taxes imposed in India are as under: Income Tax: Income Tax Act‚ 1961 imposes tax on the income of the individuals or Hindu undivided families or firms or co-operative societies (other tan companies) and trusts
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FOREIGN DIRECT INVESTMENT IN KENYA By Mathew Nyamwange X50/70602/2007 A case study of Kenya ’s FDI between 1980 and 2006‚ in partial fulfillment for my Masters in economics‚ course XET502: ADVANCED MICROECONOMIC THEORY II‚ School of economics‚ University of Nairobi. 1. Introduction ____________________________________________________________ ____________________________________________ An agreed framework definition of foreign direct investment (FDI) exists in the literature.
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To this day‚ there is still a fine sharp line drawn in the very dirt of the big‚ wide‚ expanse of the work field. You are either in management or‚ the common laborer who resides below the manager‚ working long shifts with little pay. Employers think managers‚ as representatives of business owners‚ should have all the power. They should be able to hire and fire workers at will‚ for any reason
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Theories of Foreign Direct Investment Foreign Direct Investment‚ or FDI‚ is a type of investment that involves the injection of foreign funds into an enterprise that operates in a different country of origin from the investor. Foreign direct investment has many forms. Broadly‚ foreign direct investment includes "mergers and acquisitions‚ building new facilities‚ reinvesting profits earned from overseas operations and intracompany loans”. Foreign direct investment incentives may take the following
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After Hercules finished his 12th labor and died‚ they invited him up to Olympus. Twenty years after Hercules was invited to Olympus the portal was accidentally broken by little children gods playing with slingshots. Some of the working gods were busy rebuilding it and a giant centaur named Cleus busted through‚ the working gods tried to fight it off but the centaur was ten times the size of them all put together‚ so they fled not knowing what to do. Cleus did whatever he wanted for two days with
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| | | | Direct Tax Code | The direct tax code seeks to consolidate and amend the law relating to all direct taxes‚ namely‚ income-tax‚ dividend distribution tax‚ fringe benefit tax and wealth-tax so as to establish an economically efficient‚ effective and equitable direct tax system which will facilitate voluntary compliance and help increase the tax-GDP ratio. Another objective is to reduce the scope for disputes and minimize litigation. It is designed to provide stability in the tax
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Direct and Indirect Cash Flows Christine Grae XACC/291 Principles of Accounting II March 29‚ 2015 Susan Schulz When companies utilize the accrual method of accounting‚ they will prepare a cash flow statement in order to understand the flow of cash. We call this method the cash flow statement and it can be prepared in two different methods which would be indirect and direct. The methods are different but they both will be conducted with the same results for the accounting period. The direct
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We proposed the company to use Activity-Based Costing which is multiple bases in considering the overhead cost. Its an advantage for the company that involved with complex manufacturing process. In this study‚ we take mayonnaise produced by AJ Food Industries in two flavors which are regular (MAYO BITES) and cheese flavor (CHEEZY MAYO). We analyze the current product costs for the both products‚ and we proposed the suggestion to adopt the Activity-Based Costing in order to compute the overhead cost
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am going to critic‚ evaluate and analyse direct payments and the implications they have had on social work practice. The Direct Payments Act 1996 enabled local authorities to offer cash in lieu of social services. They were introduced for adults of working age in April 2007 and extended to include older disabled people in 2000. Since April 2001 direct payments have also been available to parents of disabled children‚ 16 and 17 years and carers. Direct Payments have also been extended to people
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Competency-Based Employee Training 135 · Time is available to devote to competency identification‚ validation‚ and modeling. · The training content shelf life is of sufficient length to justify the expense of researching and validating the competency model. · The training population is large enough to warrant resource expen- diture. · Decision makers consider it appropriate to focus on
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