Alleviating Youth Unemployment The current state of unemployment in South Africa is one of major concern‚ with the main focus of this concern being on the alarmingly low level of youth employment. Of the already worrying 25% unemployment that exists in the country‚ 70% is attributable to individuals aged 15 to 35. The extent of the problem can be further illustrated by the fact that there are currently approximately 2.8 million South Africans aged between 18 and 24 who are unemployed and not enrolled
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INCOME TAX Introduction : The income tax is administrated Income Tax Ordinance‚ 1984 and the Income tax Rules‚ 1984 as well as notification made under the Ordinance. The charge of tax of a person depends on its resident ship. Total world Income of a resident is charged to tax in Bangladesh. Where as a non-resident’s Bangladesh income is only charged to tax in Bangladesh. There are seven heads of income. The are salary‚ interest on security‚ house property‚ agriculture‚ business and profession
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Income statement The income statement or the profit and loss account as it is also called measures reports how much profit (wealth) has the business generated over a period of time. To measure profit the total generated revenue over a period must be identified. Revenue is a measure of inflow of economic benefits arising from the operations of the business. These benefits will either result in an increase of assets such as cash or amounts owed to the business by the customers or a decrease
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prediction of inflation and unemployment in Germany Ivan O. Kitov Abstract Potential links between inflation‚ π(t)‚ and unemployment‚ UE(t)‚ in Germany have been examined. There exists a consistent (conventional) Phillips curve despite some changes in monetary policy. This Phillips curve is characterized by a negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = -1.50π(t) + 0.116. Effectively‚ growing unemployment has resulted in decreasing
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The causes and consequences of unemployment Unemployment causes There are three main causes of unemployment‚ the first is cyclical unemployment which is unemployment arising from a lack of aggregate demand. Demand for most products are likely to be low and unemployment may be high. Since not a lot of people are buying a product‚ firms do not need as much labour and will reduce it leading to unemployment. This in turn will lower disposable income and decrease demand for certain products‚ hence
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for determining whether an item is deductible as an expense under § 162 or under § 212 is that a. production of income expenses are not deductible. b. § 162 business expenses usually are deductions for A.G.I.‚ while § 212 production of income expenses usually are miscellaneous itemized deductions. c. § 162 business expenses are deductions from A.G.I.‚ while § 212 production of income expenses are deductions for A.G.I. d. it resolves certain ownership questions. 3. C purchased two cars in 2010
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Vadym Hetman Kyiv National Economic University Topic: The youth and unemployment problems Student of the 1st group Second year Vakulenko Iryna Kiev 2010 Youth is the time of life between childhood and adulthood (maturity). Definitions of the specific age range that constitutes youth vary
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And Tax Incidence Concept And Calculation Of Tax Income Under The Head Salary FBT* And New Perquisites Income Under The Head House Property Income Under The Head Business And Profession Income Under The Head Capital Gains Income Under The Head Of Other Sources Clubbing Of Incomes Set Off And Carry Forward Of Losses Agriculture Income And Its Taxability Deduction From Gross Total Income Exempted Incomes Assessment Procedure Advance Payment Of Income Tax Tax Deducted At Source Charitable And Religious
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Some Consequences of Unemployment We often hear about the main causes for unemployment. When consumers buy fewer goods‚ shops and factories may have to reduce the number of workers or close entirely. As the government collects less sales tax‚ civil employees may likewise lose their jobs. Changes in technology may also bring about a rise in unemployment as workers are no longer needed in certain sectors. Natural disasters such as tornadoes and floods may cause so much damage that normal employment
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comprehensive and at a world classlevel is not an easy task and it is a challenge to Malaysia.Currently‚ unemployment among the graduates becomes an issue‚ not only in Malaysia but also around theworld. The Department of Statistics Malaysia (2011) found that the unemployment rate in Malaysia hadincreased from 3.2 % in 2007 to 3.7% in 2009. The Minister of Human Resources‚ Fong Chan Onn‚ stated thatthe National Economic Action Council with the collaboration of the Department of Human Manpower hadconducted
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