Tax Credits [Name of the Writer] [Name of the Institution] Tax Credits Purpose of Tax Credits A Tax Credit is a specific amount that is subtracted from the accumulated amount of tax paid by a tax payer to the State. The tax credits can be settled in terms of income tax‚ property tax and VAT. It can also be settled for the purpose of recognizing the taxes that are already settled in form of subsidies or are paid for the purpose of encouraging investment in economy
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other financial institutions. These are: (i) maintaining deposit accounts including current accounts‚ (ii) issue and pay cheques‚ and (iii) collect cheques for the bank’s customers. 1.1 Banking Industry Overview Today‚ banks play a very important role in the economic growth of the country. The health of the economy is closely related to the soundness of the banking system. The activities of the banks lead to a stronger economic growth. Bank is the main confluence that maintains and controls the
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Probation officers work with criminal offenders‚ some of whom may be dangerous. They also monitor offenders to prevent them from committing new crimes. Workers in this occupation must meet many court-imposed deadlines and also travel‚ especially if they work in rural areas. Probation officers usually have to have a bachelor’s degree‚ but the requirement varies by agency. Officers who work in the probation system have various duties that keep their job busy. They evaluate offenders to determine
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A police officer’s duty is to maintain public order‚ preventing‚ and detecting crime. The concept of police officers‚ also known as cops‚ and law enforcement has been around ever since the ancient Romans had a theory that an organization of "peacekeepers" would reduce the crime and violence being committed. This theory stuck with society and is still around today. People of law enforcement have a mission when they step into their police car‚ that mission is to enforce the rules of conduct or law
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IFC Code of Ethics as applied to a Company Officer As a company officer‚ having good moral character and a firm code of ethics is essential to establishing long-term success within any department. Without integrity you will not have nor ever gain respect. A company officer without the respect of his guys and department heads is little more than another body on the job. A company officer is a leaders position; he is the leader of his crew. Without having a strong leader in this position‚ the
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still work in progress A credit manager is defined as an individual who is responsible for the monitoring‚ planning and directing the output of the individuals employed by an organization in the credit department and makes decisions concerning credit limits‚ acceptable levels of risk and monitoring portfolio of clients. The functions of a credit manager are guided and controlled by the credit policy of each particular organization. One of the key roles of a credit manager is the provision of
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lending proposals banks apply certain general principles of good lending‚ often referred to as the canons of lending. Although not all of the principles can be applied by corporate credit managers to requests for trade credit‚ most are generally applicable. They provide an excellent framework for assessing all credit proposals. Because the purpose of lending is to earn interest and make a profit‚ it follows that principles of good lending should be concerned with ensuring‚ so far as possible
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Becoming a naval officer would allow me to fulfill a duty to serve my country‚ just as my ancestors once did. It would allow me to become the leader I was born to be‚ and the leader I am called to become. Being a Naval officer is certainly not an easy task‚ and is a task that not many get to do. Naval officers are the best of the best‚ therefore only the elite get the privilege to serve their country as one. For many it has been a family tradition or a lifelong dream that has led them to
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The Noncommissioned Officer has always been called the backbone of the Army. They connect the brain to the muscles. The brain would be considered the Officers who dictate the objectives. In most cases it is also the Officers who decide which tactics will be used to accomplish the mission. At that point it is the NCO’s job to assure that the objectives are accomplished. The non-NCOs are the muscles; the ones that actually perform the work. NCOs are the ones who run the front lines‚ and the ones that
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money‚ credit also came into existence. Credit is created when one party (it can be person‚ group of people‚ firm or an institution) lends money to another party‚ the borrowers. The act of borrowing creates both credit and debit. Debt means the obligation to pay the finance borrowed and credit means the claim to receive this money payment from the other party. Every credit involves debt‚ that is obligation to pay money and therefore creates claim. 1.1 Definition of important terms 1.1.1 Credit is generally
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