The Union Budget was released yesterday. Here are the highlights. * Tax slab on personal income remains unchanged * Income tax exemption limit raised by Rs 50‚000 to Rs 2.5 lakh and for senior citizens to Rs 3 lakh * Exemption limit for investment in financial instruments under 80C raised to Rs 1.5 lakh from Rs 1 lakh. * Investment limit in PPF raised to Rs 1.5 lakh from Rs 1 lakh * Deduction limit on interest on loan for self-occupied house raised to Rs 2 lakh from Rs 1.5 lakh. * Kisan Vikas Patra
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Introduction In 31st January 2008‚ Google Inc. announced its financial results for the quarter and fiscal year ended 31st December 2007. CEO Eric Schmidt was very pleased with the performance of the Google in terms their core value‚ growing reputation‚ techniques to manage their operating expenses. The financial statement was on the GAAP financial measures that are most directly comparable to non-GAAP financial measures. The raising cost on R&D‚ sales & marketing‚ and general administrative
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Master Budget Master Budget Definition The master budget is the aggregation of all lower-level budgets produced by a company’s various functional areas‚ and also includes budgeted financial statements‚ a cash forecast‚ and a financing plan. The master budget is typically presented in either a monthly or quarterly format‚ and usually covers a company’s entire fiscal year. An explanatory text may be included with the master budget‚ which explains the company’s strategic direction‚ how the master
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CHAPTER ONE 1.0 Background of the Study The success of any organization either non-profit organization or profit oriented entities is generally influenced by its planning and control mechanisms. The two concepts of planning and controlling must be balanced so as to attain success and development in an organization. At the planning stage an organization usually stipulates its objectives‚ missions‚ visions‚ goals and means of attaining those objectives with formulation of
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Philippine Airlines Lucio Tan‚ the owner and Chairman of Philippine Airlines (PAL) was faced with a problem. Despite unacceptable levels of profitability‚ higher levels of passenger boardings for the summer of 1997 indicated that a sharp increase in staffing levels was required. Faced with this request from his management team‚ Mr. Tan‚ having heard of some effective consulting work carried out by Renoir Consulting in the Philippines‚ asked Renoir to conduct an assessment of his Manila operation
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Student’s Name Professor’s Name Subject 08.12.2017 Problems‚ Violence‚ Paraphilias‚ Marketplace Imagine that your partner (who has not taken this course) begins to experience one of the sexual problems discussed in this section (your choice). Explain how you would probably feel. Also‚ assuming no physical cause‚ how would you help your partner understand and resolve the problem? If my partner would suddenly experience declining sexual desire for me‚ initially I would be devastated‚ but afterwards
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To bridge the perceived information gap‚ and to satisfy the information requirements of the standard setters‚ narrative reporting has come to the fore. In its various guises – Business Review‚ Management Commentary‚ Management Discussion and Analysis‚ Chairman’s Statement‚ Corporate Governance Statement‚ Environmental Statement‚ Remuneration Statement‚ and Health and Safety Statement – narrative reporting is now a significant segment of the annual report in many parts of the world. It has supplemented an
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2.10.8 Problems with the Appraisers According to Melaku (2010)‚explained different problems of appraising regarding performance appraisals. They are (i) staff members view appraisal as subjective and a mechanism of fault finding due to this they tend to frustration and anxiety and (ii) because of the negative attitude of some staff members resist to accept performance appraisal results. 2.11 The Appraisers of Teachers’ Performance According to William (1993) explained that appraisers believe that
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DOES THE “MANAGEMENT APPROACH” CONTRIBUTE TO SEGMENT REPORTING TRANSPARENCY? Advanced Accounting ACC 610 January 4TH‚ 2010 1. INTRODUCTION: An operating Segment is a component of an entity that may earn revenues or incur expenses‚ whose operating results are regularly reviewed by the chief operating decision maker (COMD) and for which discrete financial information is available. Generally‚ financial information is required to be reported on the basis that it is used internally for evaluating
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John’s core psychodynamic problem is depression. The central conflict involves his sense of loss and abandonment‚ with the desire to obtain healthy and meaningful relationships‚ but his tendency to feel uncomfortable and isolate when around other people. John shared his memory and knowledge of his father’s death and described it with an indifferent affect. Therefore‚ it appeared evident that he may have suppressed anger‚ sense of loss‚ and/or feelings of abandonment. Moreover‚ John described
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