Goods and services tax is a form of value-added tax levied on most products sold to the general public While some countries charge as much as 30% for their goods and services tax rate, some charge as little as 1%-7% When it comes to tax registration, the law stipulates that any busines...
Name at least five government-provided goods that are excludable public goods. What is it about pure public goods that means that the market will not adequately provide those goods? What are the characteristics of public goods? Give ...
Higher education (HE) is usually seen as serving the public good, especially when funded directly by the state, and because of potential social effects such as a reduction in inequality and an increase in social mobility. Public support for higher education is conditional; however, on its ...
A public good is any product or service that is available to all residents of a society, such as national defense, police and fire services, clean air, and drinking water. What Are the Main Differences Between Private and Public Goods? A private good is consumed exclusively by one person. ...
GST stands forGoods and Services Tax. It is acomprehensive indirect taxlevied on thesupply of goods and servicesacross India. Introduced onJuly 1, 2017, GST replaced multiple indirect taxes likeexcise duty, VAT,and service taxwith asingle, unified tax structure. ...
What are the characteristics of private goods, common resources, artificially scarce goods and public goods; and how do they differ from each other? What is the real difference between quasi-public goods and impure public goods? What are public goods and services? How do these differ from ...
How is inflation measured? Statistical agencies measure inflation first by determining the current value of a “basket” of various goods and services consumed by households, referred to as a price index. To calculate the rate of inflation over time, statisticians compare the value of the index ...
Consumers buy goods and services for personal use or use goods provided by others. A child who drinks the milk purchased by their parents is still a consumer of that product. So a brand’s consumer base is usually much larger than its customer base. ...
(IoT), blockchain, AI, machine learning, and digital assistants. These advanced technologies deliver data and capabilities that not only enhance many traditional ERP functions; they create new opportunities for increased efficiencies, new services, and deeper insight across an enterprise. Since ERP ...
Free and open source software as global public goods? What are the distortions and how do we address them?global public goodsIndiapublic healthPromoting software as global public goods (GPGs) is an important element of the development agenda. This strategy is especially relevant for the public ...