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The existing general sales tax laws were replaced with the Value Added Tax Act (2005) and associated VAT rules. A few states ( Gujarat , Tamil Nadu , Rajasthan , Madhya Pradesh , Chhattisgarh , Jharkhand , Uttarakhand and Uttar Pradesh ) opted to stay out of VAT taxation system during the initial introduction of VAT but adopted it later.
In 2016, Kenya exempted the raw materials used for the manufacture of menstrual products from the 16% value added tax (VAT) and 25% excise tax. [ 89 ] [ 90 ] The government also allocated Ksh 240M to provision of free sanitary pads to girls in public governmental schools through the National Sanitary Towel Programme.
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Civil services examination in India This article is about the examination in India. For civil service examinations in general, see civil service entrance examination. This article may need to be rewritten to comply with Wikipedia's quality standards. You can help. The talk page may ...
The Engineering Services Examination (ESE) is a standardized test conducted annually by the Union Public Service Commission (UPSC) to recruit officers to various engineering Services under the Government of India.
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.
Similar references to crony capitalism have been made to other countries such as Argentina [24] and Greece. [25] Wu Jinglian, one of China's leading economists [26] and a longtime advocate of its transition to free markets, says that it faces two starkly contrasting futures, namely a market economy under the rule of law or crony capitalism. [27]
Gross value added = gross value of output – value of intermediate consumption. Value of output = value of the total sales of goods and services plus the value of changes in the inventory. The sum of the gross value added in the various economic activities is known as "GDP at factor cost".
In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [3] A given economy is a set of processes that involves its culture , values , education, technological evolution, history, social organization , political structure ...