BLACK MONEY WHITE PAPER M A Y 2 0 1 2 MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NEW DELHI |ÉhÉ´É àÉÖJÉVÉÉÒÇ PRANAB MUKHERJEE ÉÊ´ÉkÉ àÉÆjÉÉÒ‚ £ÉÉ®iÉ FINANCE MINISTER INDIA Foreword In the past year the public discourse on the issue of corruption and black money has come in the forefront with the active participation of the civil society and our Parliamentary institutions. Two issues have been highlighted in this debate. First‚ several estimates have
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related to a sad part of history in the past. Puerto Rico and Okinawa are two islands experience the sad part of history. Not only those two countries‚ but there were many other countries that were taken control ever by another. My country‚ Korea‚ also had been occupied by Japan for 35 years‚ so that my opinion about Okinawa and the Puerto Rico are different from the view of the United States and Japan. Chalmers Johnson described Okinawa as “the Puerto Rico of Japan.” However‚ I disagree with his statement
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” as many people like to call Puerto Rico‚ is spot on for the circumstances they are currently in. Puerto Rico’s economy has been quite the topic for discussion lately‚ with their debt climbing to unpayable amounts and their economy slowly crashing. Puerto Rico has accumulated their debt many ways; the main one being borrowing municipal bonds over the years‚ and has led to their growing $73 billion dollar debt. The debt has gotten so out of control that former Puerto Rican governor‚ Alejandro García
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of the statehood for Puerto Rico The intention of this essay is to demonstrate to a vision rational‚ concordant political leader to the Puerto Rican‚ American and worldwide reality. It responds to the necessity that to the statehood it is necessary to imagine it and to expose it with all the evidence available‚ since many Puerto Ricans‚ including many political leaders‚ do not know like defending it or exposing it before the peculiar ones or our adversaries. Puerto Rico is smallest and Eastern
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investment portfolio. Thus‚ organizations investment policy emerges from a straight forward application of the theory of portfolio management. Portfolio management therefore‚ refers the prudent management of an organization (banks) assets and liabilities‚ in order to seek some optimum contribution of income or profits‚ liquidity and safety. Modern portfolio theory provides fundamental concepts that are useful in multiple portfolio management environments. Portfolio management is about aggregating sets
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Title: Explain the mechanism behind the money multiplier. How can the monetary authorities influence its size and the supply of money? Thursday 16th December 2010 Word count: 1599 Money is a general accepted means of payment for the purchase and selling of goods and services (Pilbeam 2010). These could include purchasing loans‚ settling debts. Money is also used to as a common unit of account‚ where prices for products and services can be easily compared. Money can also act as a store of
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The economies of Cuba and Puerto Rico are very similar during the 16th‚ 17th‚ and 18th centuries. As Spain colonized these two islands in the 16th century under the idea that gold was abundant. Thus in turn the islands became a safe port for Spain and her vessels. It also set out to be a huge migration from the Spain to the islands‚ because everyone was set to search for gold. . This turned out to be short lived as the mining of gold peaked in 1517 till 1819. By Spain using Cuba and Puerto Rico for
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How to get the worth of your money in a buffet restaurant Everybody has gone been to buffet restaurant before‚ but do you think food is excellent and the price is reasonable? Even though the restaurant is good enoughhas a nice setting and‚ they provides a lot of delicious nice food‚ sometimes youit still feel it is hard to makeget the value beyond what you have paidthe price. These remarks below gives youHere are some good suggestions if you want get the worth of your money in a buffet restaurant
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3. MONEY Money is everything that serves as universally excepted medium of exchange or means of payment. Functions of money: Medium of exchange – enables people to exchange goods and services for other commodities Store of value – at home money loses value because of inflation so it is better to deposit financial assets with a bank. Money can also be stored in other forms – securities (cenné papiry)‚ shares‚ or bonds (dluhopisy‚ obligace). We can also invest in properties‚ lands‚ arts‚ jewelry
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Explain the concept of Dukkha Dukkha is the first of the three marks of existence and the first of the four noble truths. Dukkha is an extremely hard word to translate‚ and its meaning can vary between suffering‚ dissatisfaction and imperfection‚ it is most often translated as suffering. In his first sermon in the Deer Park‚ Siddhartha Gautama tells us what dukkha means. “This is dukkha: birth is painful‚ aging is painful‚ sickness is painful‚ death is painful‚ encountering what is not dear is
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