Taxes in India 1. Corporate tax rates: For a Company | Where taxable income exceeds INR 10 million | Other cases | Domestic company | 32.45% (30% + 5% surcharge + 3% education cess) | 30.90% (30% + 3% education cess) | Foreign company | 42.02% (40% + 2% surcharge + 3% education cess) | 41.20% (40% + 3% education cess) | 2. Dividend Distribution Tax Dividend income is exempt in the hands of the shareholders. However‚ a DDT is levied on companies declaring dividends. The effective
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never-ending war against drugs. Government officials make promising speeches to advocate tougher drugs laws. This war against drugs has not accomplished anything. Legalization and taxing is an option that should be considered to show how legalizing and taxing marijuana will put end to this cycle. It is very important to understand the effect of cannabis (marijuana) and its history. Forty-three million American use drugs regularly‚ despite the federal government efforts to enforce the law‚ destroy
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price of a product‚ so it raises the firm’s cost and shifts the supply curve left or vertically upwards depending on the amount of tax. Because of this shift‚ less products will be supplied at every price. The diagram below shows the effect of imposing a tax and how the tax is being paid. There’re two types of indirect taxes‚ they are ‘Specific Taxes’ and ‘Ad Valorem’. Specific Tax is a fixed amount of tax that is imposed on a product. For example‚ if the government imposes a tax of $2 per loaf
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seems absurd to quibble about whether a lie has been told; and the duty to particular individuals to protect their secrets.[1]” as Sissela Bok stated. In addition to national crisis‚ negligible trivialities and confidentiality‚ ongoing operation‚ government intention‚ details of murder/suicide‚ morale‚ certain circumstances in diplomacy might also justify the lies said by public officials. On-operations should sometimes be kept secret in case the “enemies” be aware of the operation and prepare for
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republican states like Utah and Colorado. The important design elements of this cartoon are the wording “It’s my party but you can swoon if you want to…” its showing a lack of mindfulness of the voters they are more focused on what Bill Clinton has to stay then what Obama should be saying instead he is in the back ground taking the credit and getting the votes. The relationship between the text and the image is that Obama is letting Bill Clinton take the stage and speak on his behalf‚ Obama
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Is the United States government is financially stable? All cities‚ counties‚ states‚ and countries are controlled by some type of government. The United States of America is the federal government of the republic of fifty states. If the government is not financially stable‚ it could come back on the people of the nation. If there’s a time that the United States government is having trouble‚ it could raise tax policies on the people‚ threaten to reduce the tax burden on the middle class by sacrificing
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It is equally terrifying or even a death sentence‚ to know the exact hour when you die. Today‚ however‚ with the development of mechanical respirators‚ electronic pacemakers‚ and other medical technologies‚ it has created the possibility of a greater temporal separation between various system failures. A person may slip into coma or lose consciousness a decade or more before his heart and lungs fail‚ for example. Meanwhile‚ interest in the availability of transplantable organs has provided an incentive
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following are guidelines for behaving ethically? |I.|Identify the consequences of a decision and its effect on others.| |II.|Consider your obligations and responsibilities to those affected by the decision.| |III.|Identify your decision based on personal standards of honesty and fairness.| a.|I and II.| b.|II and III.| c.|I and III.| d.|I‚ II‚ and III.| B or C 4. Which of the following is not true of accounting principles? a.|Financial accountants follow generally accepted accounting principles
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Sin taxes are one of the more controversial taxes out there. They are basically a form of indirect taxation (which has its pros and cons) on goods and services which society considers to be moral ills. As a general rule‚ it is unwise for the government to interfere in people’s lives more than is necessary to enforce the rights of others. Libertarians rightly ask why we should punish people for making decisions about their own lives — even if the majority says we should‚ that doesn’t make it right
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article “Venezuela: When Government Failed‚ Bitcoin Prevailed”‚ written by Lindsay Marie‚ the author explains how bitcoin saves most Venezuelans by using allusion and specific examples. Marie commences the article by giving a data on Venezuela’s inflation rate‚ and at the same time bitcoin trading hit over 1 million. This can give the reader a better understanding of the topic of bitcoin‚ and how it can save million lives in Venezuela. Then the author explains what happen when Venezuela printed large
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