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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moral appropriateness of a course of action (Arrigo‚ 2006). It presents classical theory as an overarching ethical principle that could be applied in solving moral ethical issues. In this case‚ classical ethics will be used in analyzing unethical orders in the military. This means that different perspectives of moral issues will be discussed through the introduction of relativism‚ emotive and ethical egoism. Utilitarianism Utilitarianism favors a course of action that facilitates happiness. It
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is considered vile and unacceptable by the most needy themselves. What reconciles these two polar opposites is a mix of politics‚ misinformation and the legacy of decades of poor administration. India’s first direct cash transfer scheme – Delhi Annshri Yojana (DAY) – to be set in motion from 15th December is a very good example of this. Let me introduce the scheme before introducing Rukhsana‚ the typical beneficiary DAY aims to target. What is Delhi Annshri Yojana ? On 12th December Sheila Dikshit
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4) Analysis of total costs. 5) Build a Spreadsheet: Construct an Excel spreadsheet to solve all of the preceding requirements. Show how the solution will change if the following data change: the April 1 work in process costs were $27‚000 for direct material and $5‚000 for conversion. 1. | | Physical Units | | Work in process‚ April 1 | 10‚000 | | Units started during April | 100‚000 | | Total units to account for | 110‚000
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How is conflict‚ characterization‚ and narration connected to your life? From the early 2000’s conflict‚ characterization‚ and narration has been shaping today’s world. Conflict‚ characterization‚ and narration is in effect on your life right now! Conflict‚ characterization‚ and narration are connected to literature and life on a day to day basis. Hofmeyr directly and indirectly characterizes Adam Stone by showing his outlook and feelings. “His cheeks burn as he walks to the gear room.” This shows
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Today’s Learning Objectives • Get familiar with the institutional environment of foreign investment in China • Analyze the Chinese government’s initiative from “open door policy” to “going out policy” • Evaluate optional market entry strategies in China by foreign firms • Discuss major criteria for entry mode selection Foreign Direct Investment (FDI) in China China Overtakes US as Leading FDI Destination • In 2012‚ 44% of global FDI inflows USD 1.4 trilion were hosted by only five
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greenfield: * Most are mergers and acquisitions‚ rather than greenfield. * Easier and less risky rather than to build from scratch. * Firms believe that they can increase the efficiency of 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
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Explain the Economic Order Quantity (EOQ) from first principles. EOQ‚ or Economic Order Quantity‚ was developed by F. W. Harris in1913‚ even if R. H. Wilson is recognized for his early deeply analysis of the model. Harris’s original paper was disseminated; it actually was ignored for many years before its rediscovery in 1988. During this period‚ a lot misunderstanding developed over the origin of the EOQ model. The model is defined as the optimal quantity of orders that minimizes total variable
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Foreign Direct Investment (FDI) FDI or Foreign Direct Investment is any form of investment that earns interest in enterprises which function outside of the domestic territory of the investor. Foreign direct investment is that investment‚ which is made to serve the business interests of the investor in a company‚ which is in a different nation distinct from the investor’s country of origin Benefits of Foreign Direct Investment One of the advantages of foreign direct investment is that
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Types of Foreign Direct Investment: An Overview FDIs can be broadly classified into two types: outward FDIs and inward FDIs. This classification is based on the types of restrictions imposed‚ and the various prerequisites required for these investments. An outward-bound FDI is backed by the government against all types of associated risks. This form of FDI is subject to tax incentives as well as disincentives of various forms. Risk coverage provided to the domestic industries and subsidies
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