Goods and Services Tax

The sectors that contribute to the overall sales revenue are further organized into three categories: Agriculture, which contributes to 3.9% of the sales revenue, industry which contributes to 13.3% of the sales revenue, and services which contributes to 82.8% of the country’s revenue. Wheat is Greece’s main crop, and with the crop being so abundant elsewhere, not to mention lower price, we see Greece have a difficult time turning profit on their wheat. The industrial sector…

tourists.  Surface, air and water transport services for tourists.  Convention/seminar units and organisations. The Government has also initiated other attractive measures in order to improve the tourism sector and thereby increase its contribution towards the national growth. 1.6. Gross Domestic Product (GDP) The gross domestic product (GDP) is used to determine the health and growth of a country's economy. “It represents the total money value of all goods…

Another ruler of Karkota dynasty specifically Jayapida who is explicit to possess have fallen a prey to avarice and to own laden his people by fiscal exactions. The measures which had formerly been intended for the comfort of the good were currently adopted for the oppression of his subjects. He spent the revenues of the according to his pleasure and as suggested by the Kayasthas. King Jayapida took away even the cultivators share of produce for three consecutive years. Kalhana provided much…

return on investment increased in 2011, while drastically dropping in the subsequent year and again picking up in 2013. In 2010-2011 the profits before tax and dividend were at $428 million, an increase of 13 percent though it dropped to $197 million due to global financial uncertainty. The company again picked up in 2013-2014, with profits before tax and dividend increasing to $315 million. In the year 2014, the government had decided to privatise Medibank. The company released its Initial…

in the long-run, it acts as a weighing machine.” Invest early and enjoy the benefit of compounding. Buffet bought his first stock, shares of Cities Service for $38 apiece, at age 11. As and when you receive your first salary, you should try to invest right away and take advantage of the principle of compounding, he says. Warren Buffet is a very good teacher who seamlessly uses stories with his typical wit and down-to-earth style. Let us take his lessons on compounding. His first lesson on…

a simple way we can say that putting the right product in the right place, at the right price, at the right time. Product (Hilton Hotel) In order to fulfill everyone’s opportunity in the market, Hilton Hotel Kuala Lumpur operates other related services like accommodation, entertainment areas in the hotel. These kinds of areas are totally new for Hilton hotel. Hilton hotel Kuala Lumpur is a hotel that generates revenue by selling hotel rooms to the customers. Also there are some other…

Canada is the second largest country in the world, after Russia, and covers approximately 10 000 000 squared km. Canada’s population is 35.16 million as of 2013 and their unemployment rate is 7.1% in 2015 which puts them above both the U.S and the U.K. With mountains in the west, vast open greenland, and many forests and rivers, Canada has huge access to both natural and agricultural resources and because 90% of Canada is inhabitable, they have huge amounts of resource wealth and are a…

Hawk-Keating-Howard microeconomic reforms briefing Australia has been working on making efficient allocation of resource and maintaining substantial economic growth by introducing series of policy as ‘microeconomic reform’ during last 30 years. The motivations behind those policies were poor performance of Australian economy and loss of international competitiveness. So reforms were undertaken with intention to get more individual agency and market into economic activity and less government…

Assignment 2 Please read chapters 3&4 and answer the following questions: Chapter 3 Questions 1-) (Tax Rates) Suppose taxes are related to income level as follows: Income Tax $1,000 $200 $2,000 $350 $3,000 $450 a. What percent of income is paid in taxes at each level? The person with $1,000 income will pay 20% in taxes (200/1000). The person with $2…

The New Zealand government should establish a tax on all unhealthy food and beverages If you were to walk down the street right at this moment and look around, what would you see? You would most likely see street signs, animals, buildings and people. However if you were to look specifically at the people you would most likely find that not many people are in good shape, they are either overweight or obese. According to the world health organization, obesity worldwide has doubled since 1980 and…