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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Tobacco tax: good for health‚ good for government finances Tobacco use kills over 5 million people each year and is the largest single preventable cause of premature death.1 Tobacco is very costly to society through high costs to treat tobacco-induced disease or through loss of productivity as a result of the premature deaths. But governments have a tool to combat the costs of tobacco use — tobacco taxation. Higher tobacco prices decrease consumption and encourage people to quit Increasing
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The Concept of Public Administration Historically‚ Governments have attempted to develop sound governance and public administration to support social‚ political and economic development. However‚ changing in political and economic context have made it increasingly difficult to determine what constitute the principles‚ foundations‚ quality and effectiveness of public administration. (UNECOSOC‚ 2005) The present report presents some initial thoughts and recommendations about the methodology that can
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Assignment 4: Tax Structure Julian Hoggard Strayer University PAD 505 Public Budgeting and Finance Dr. William H. Kraus Dec. 2‚ 2012 Habitat for Humanity is a non profit organization that uses volunteer labor‚ donated materials from churches and other organizations to build new housing for low-income families. Habitat for Humanity has built over 45‚000 homes throughout the nation and over 150‚000 homes worldwide. The goal of the organization is to eliminate poverty and homelessness
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DEFINING PUBLIC ADMINISTRATION When people think about government‚ they think of elected officials. The attentive public knows these officials who live in the spotlight but not the public administrators who make governing possible; it generally gives them little thought unless it is to criticize “government bureaucrats.” Yet we are in contact with public administration almost from the moment of birth‚ when registration requirements are met‚ and our earthly remains cannot be disposed of without
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Recent activities of secret fraternities in Edo and Anambra States of Nigeria have once again brought to focus the impact of the activities of the nefarious groups on the polity. Not too long ago‚ two prominent movie stars were brutally assassinated in Edo State in what was alleged as a frat-related offensive‚ which culminated in the death of about twenty individuals. Most recently inhabitants of Anambra state were terrorised by frat men‚ who held the state capital hostage in a brutal frat war between
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Elections in Nigeria are nothing but dramatised rituals that seek to legitimate the power structure of the ruling class By NGOVE‚ PETER PEVER Being an M. Sc seminar presentation in the department of Political Science‚ Benue State University‚ Makurdi. ABSTRACT The concept of election has been defined in this work as the process by which the people choose their leaders. Nigeria’s democratic experience has been faced with the question of credibility of our electoral process and elections
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Tax file memorandum Subject: Profit or Loss from business I. Facts: In early 2010‚ Walter Hodges became interested in the real estate market so he initiated his investigation into the real estate market. Mr. Hodges intended to acquire real estate with the intentions for investment or rental. Mr. Hodge has no previous knowledge or exposure to any real estate rental or investment industry. As a result‚ Mr. Hodges began in Spring 2010 to advertise and expose his business through
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as cousins‚ uncles‚ nephews and nieces‚ grand-parents and family friends‚ which is why it is called a large family. Nuclear family on the other side is a relatively small family which consists majorly of the father‚ mother and children only. In Nigeria and mostly other African countries‚ the large family is usually more dominant. The advantages of a large/extended family are among others highlighted below: -It has a lot of members and there is more than one earning member in a large family. That
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are again making history: for the past 15 years‚ we have been trying to reform the tax structure of imposing excise tax on tobacco and alcohol products. After 15 long years‚ we have finally succeeded.” “As the people’s servant‚ I shall personally ensure that this government shall implement the Sin Tax Reform Act of 2012 in a transparent and accountable manner starting Jan. 1‚ 2013‚” he said. Starting today‚ the tax on cigarettes packed by hand‚ which comprise the bulk of tobacco products sold in
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