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The Goods and Services Tax (GST) is a Value added Tax (VAT) proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It replaces all indirect taxes levied on goods and services by the Indian Central and state governments.
Marx's term is the German word "Mehrwert", which simply means value added (sales revenue minus the cost of materials used up), and is cognate to English "more worth". It is a major concept in Karl Marx's critique of political economy. Conventionally, value-added is equal to the sum of gross wage income and gross profit income.
The system of Value Added Tax (VAT) has been implemented, in the State of Maharashtra, w.e.f. 1 April 2005. Every dealer, who becomes liable to pay tax under the provisions of MVAT, shall apply electronically for registration, within 30 days from the date of such liability. VAT is implemented by Department of Sales Tax.
The National Defence Academy and Naval Academy Examination is an entrance examination conducted by the Union Public Service Commission (UPSC) twice a year for admissions into the National Defence Academy (NDA) and Indian Naval Academy (INA). [1] The NDA Exam serves as a gateway for candidates seeking a career in the Indian Army, Navy, and Air ...
In economics, gross value added (GVA) is the measure of the value of goods and services produced in an area, industry or sector of an economy. "Gross value added is the value of output minus the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the ...
Value added is a term in financial economics for calculating the difference between market value of a product or service, and the sum value of its constituents. It is relatively expressed to the supply-demand curve for specific units of sale. [ 1 ]
Almost 50 jurisdictions started to automatically exchange financial account information in September 2017 and more than 50 will begin in September 2018. The first annual peer review report of Action 13 ( Country-by-Country Reporting ), contains a comprehensive examination of 95 jurisdictions.
General Motors announced an investment of US$1 billion to manufacture automobiles in Maharashtra. [41] In April 2017, Kia announced that the company would invest over $1.1 billion to build a car manufacturing plant in Anantapur, Andhra Pradesh. The facility is the company's first manufacturing plant in India.