JUSTIFICATION OF GST There was a burden of "tax on tax" in the pre-existing Central excise duty of the Government of India and sales tax system of the State Governments. The introduction of Central VAT (CENVAT) has removed the cascading burden of "tax on tax" to a good extent by providing a mechanism of "set off" for tax paid on inputs and services upto the stage of production‚ and has been an improvement over the pre-existing Central excise duty. Similarly‚ the introduction of VAT in the States
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Q1. What do you need in order to succeed in Formula One? The case studies emphasise that all three racing teams focussed on different strategies. Their strategies changed within the environment and circumstances‚ but what is overwhelmingly evident is that a team needs all the elements to be in synergy and for focus to be on every aspect of the strategy. As the old adage‚ ‘A team is only as strong as its weakest link.” This means that in order to be successful and to maintain success‚ you’ve got
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PROJECT FRINGE BENEFIT TAX SUBMITTED BY PRIYANK JAGAWANSHI 08B088 priyankjagawanshi@gmail.com 2008-2013 VII SEMISTER SUBMITTED TO Mr. CHAMARTI RAMESH KUMAR ASSISTANT PROFESSOR OF LAW 1|P a ge CONTENTS ACKNOWLEDGEMENT 3 ABSTRACT 4 INTRODUCTION 5 FRINGE BENEFITS TAX (FBT) 6 LEGISLATION AND STATUTORY REGULATIONS 8 EXEMPTIONS IN FRINGE BENEFITS TAX 10 ABOLITION OF FBT – REASONS 11 IMPACT OF ABOLITION OF FRINGE BENEFITS TAX 14 CONCLUSION
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Empirical Formula of Magnesium Oxide Date: Aim: The aim of this experiment was to determine the empirical formula of magnesium oxide. Equipment: · Balance · Crucible and lid · Bunsen burner · Magnesium ribbon (0.2g) · Steel wool · Crucible tongs · Pipe clay triangle · Tripod Procedure: 1. Obtain a clean‚ dry crucible and lid‚ then heat them for approximately 5 minutes over a Bunsen burner 2. Clean the surface of a 20 cm strip of magnesium ribbon using steel wool 3. Coil
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- (Capex + ∆NOWC) Total Asset Turnover (TATO) = Sales / Total Assets Market Value of Equity = Stock Price x Number of Shares - Total Book Value of Equity Total Amount of Debt = Target Debt to Asset Ratio % x Assets *Manipulate this formula (MVE) to solve for the various parts Times Interest Earned (TIE) = EBIT / Interest Return on Total Assets (ROA) = Net Income / Assets Market Value Added (MVA) = Market Value of Equity - Book Value of Equity Basic
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uncertainty Singapore Budget Commentary 2013 Foreword Greetings from your tax team at Deloitte. The Minister for Finance presented the 2013 Budget Statement on 25 February 2013 and we are pleased to provide our commentary on the tax and certain other changes proposed therein. Overall‚ Budget 2013 offers various tax measures and sets out the strategies to achieve quality growth and build an inclusive society for Singapore. The tax measures are further explored in our commentary. It should be noted that
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DETERMINATION OF EMPIRICAL FORMULA OF MAGNESIUM OXIDE Objective: The objective of this lab is to experimentally determine the empirical formula of Magnesium Oxide. Equipment: • Ring Stand • 5 inch ring • wire gauze • Crucible and Crucible lid • Butane burner • Magnesium • Crucible tongs • Safety glasses • Gloves Experimental Procedure 1. Setup ring stand with five inch ring and triangle. 2. Obtain desired amount of Magnesium‚ a crucible with
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Luk’s Tax Cheat Sheet Types of Income and Net Income: Segment A: Employment Income‚ Business Income‚ Property Income‚ Other (alimony) Segment B: Taxable capital gains less allowable capital losses either + or zero Segment C: Other deductions ie. RRSP contribution‚ moving expense‚ etc. Segment D: Employment‚ business or property loss; allowable business investment loss Employment Test: Control Test: An employer has the right to tell an employee what to do‚ when‚ and how Ownership of Tools:
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NEWSVENDOR MODEL Too Much/Too Little Problem Maximize Expected Profit STEP 1: overage/underage costs Co = overage cost per unit Co = Variable Cost – Salvage value Cu = underage cost per unit Cu = Price – Cost (+ Future Cost) STEP 2: Find Critical Ratio F(Q*) = Probability demand < Q. Cu /Cu+ C0 = critical ratio/srvc level STEP 3: Calculate z from table. φ(Ζ) = Critical ratio STEP 4: Calculate Q* = optimal order quantity Ζ= from above (table) μ = mean σ = standard
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SIN TAX (HOUSE BILL 5727) SHOULD BE LAGALIZED IN THE REPUBLIC OF PHILIPPINES (+) In partial fulfillment of the requirements Of the subject PHIN11A Submitted by: Ceejay Martinez Abby Padua Merene‚ Myka Kim Villareal‚ Peter James On October 3‚ 2012 To: Ms. Violeta Tabin PREMISES 1. Smoking cigars and drinking liquors are bad to health. 2. Number of accidents will be lessen. 3. Lessen the number of users. 4. It may cause air pollution. 5. It may stop the production of cigars and liquors
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