Existing Direct Tax System and Proposed Direct Tax Code in India Essay Example for Free

Existing Direct Tax System and Proposed Direct Tax Code in India Essay Tax is defined as a compulsory payment made to the government by the individuals firms and companies without any expectation of a direct return. In general there are two types of tax system prevailing in our country. One is direct tax and other is indirect tax. Here we will restrict our discussion to direct tax only. Direct taxes are those the burden of which cannot be shifted, that is incidence and impact is on the same person. In India the tax law is governed by the finance act. The amendments are brought through budget every year which is issued on the last date of February. There have been various arguments in regard to the complexity of the tax laws. The new tax system which is proposed basically focuses on the principle of equality and simplicity. Instead of having different explanations of tax laws under different umbrellas all the laws will be brought under one head. The new tax system will be highly focused on the matter that the richer should pay heavier tax and vice-versa. For this regard the exemption limit and tax slabs will be expanded higher. Moreover under new taxation laws various taxes like securities transaction tax will also be abolished thus making the code an efficient one. With the new tax code being implemented in India one can expect to have free trade across the length and breadth of the country and peace in the bags of investors. Thus, the new tax system is an attempt to create a system with minimum loopholes of the existing system, thus contributing to the national benefit.

Blackness in Macbeth Essay examples -- Macbeth essays

Blackness in Macbeth      Ã‚   The Bard of Avon shows in his tragedy Macbeth an evil couple who face the dark hand of death - as a result of criminal deeds. Let us look closely at the growing, enveloping darkness of the play as it progresses.    In his book, On the Design of Shakespearean Tragedy, H. S. Wilson identifies the darkness in the play with evil, hell, devils:    Mr. Kenneth Muir, in his introduction to the play - which does not, by the way, interpret it simply from this point of view - aptly describes the cumulative effect of the imagery: "The contrast between light and darkness [suggested by the imagery] is part of a general antithesis between good and evil, devils and angels, evil and grace, hell and heaven . . . (67-68)    A.C. Bradley in Shakespearean Tragedy comments on the darkness within the play:    The vision of the dagger, the murder of Duncan, the murder of Banquo, the sleep-walking of Lady Macbeth, all come in night scenes. The Witches dance in the thick air of a storm or, 'black and midnight hags', receive Macbeth in a cavern. The blackness of night is to the hero a thing of fear, even of horror; and that which he feels becomes the spirit of the play. The faint glimmerings of the western sky at twilight are here menacing: it is the hour when the traveller hastens to reach safety in his inn, and when Banquo rides homeward t meet his assassins; the hour when 'light thickens', when 'night's black agents to their prey do rouse', when the wolf begins to howl, and the owl to scream, and withered murder steals forth to his work. (307)    In "Macbeth as the Imitation of an Action" Francis Fergusson states the place of darkness in the action of the play:    It is the phrase... ...re: The Tragedies. A Collectiion of Critical Essays. Alfred Harbage, ed. Englewwod Cliffs, NJ: Prentice-Hall, Inc., 1964.    Knights, L.C. "Macbeth." Shakespeare: The Tragedies. A Collectiion of Critical Essays. Alfred Harbage, ed. Englewwod Cliffs, NJ: Prentice-Hall, Inc., 1964.    Lamb, Charles. On the Tragedies of Shakespeare. N.p.: n.p.. 1811. Rpt in Shakespearean Tragedy. Bratchell, D. F. New York, NY: Routledge, 1990.    Shakespeare, William. The Tragedy of Macbeth. http://chemicool.com/Shakespeare/macbeth/full.html, no lin.    Warren, Roger. Shakespeare Survey 30.   N.p.: n.p., 1977. Pp. 177-78. Rpt. in Shakespeare in the Theatre: An Anthology of Criticism. Stanley Wells, ed. England: Oxford University Press, 2000.    Wilson, H. S. On the Design of Shakespearean Tragedy. Toronto, Canada: University of Toronto Press, 1957.   

Air Canada essay

Assignment: International trade of Canadian companies: Company information Name: Air Canada Products/Services offered: As Canada’s largest airline and the world’s tenth-largest passenger airline by number of destinations, it offers direct passenger service to more than 175 destinations on five different continents. Air Canada is an airline offering air transport to diverse customers. Customers can pay premiums for first-class seats while others may chose to travel as economy class. The company’s primary function again is to offer air travel while other revenues stream from commodity sales abord air crafts. Brief History:Air Canada originated from the Canadian federal government's 1936 creation of Trans-Canada Airlines, which inaugurated its first flight on September 1, 1937. By 1964, TCA had grown to become Canada's national airline; it changed its name to Air Canada. The significance of this is that the government’s commissioning of the original company p latformed it’s future success. The airline was fully privatized in 1989 (made independent from the government). After an unofficial monopolization of the company’s extent, In 2001 Air Canada began meeting new rivals. One example of a newer company that sprouted after this period was Canadian Airlines.All in all because of the outreach of the company’s operations on national and international levels, it became so strong that In 2006, 34 million people flew with Air Canada as the airline celebrated its 70th anniversary. Size: Operating revenues (Canadian dollars in millions): $ 12,120 Revenue per passenger miles (millions) (RPM): $ 55,646 Headquarters: La Rondelle (â€Å"The Puck† in French); a 7 story building that serves as the corporate headquarters of Air Canada, located on the grounds of Montreal-Pierre Elliott Trudeau International Airport and in Saint-Laurent,Montreal, near Dorval.The largest hub: Toronto Pearson International Airport is operated by the Greater Toronto Airports Authority (GTAA) as part of Transport Canada's National Airports System and is one of eight Canadian airports with facilities for United States border preclearance. Toronto Pearson directly employs 106,000 people, with an additional 80,000 people employed indirectly in the community, One of the largest private employers of the country.Subsidiaries of the company: Air Canada Cargo, Air Canada Vacations, Air Canada Express, Air Canada Jetz, and Air Canada Rouge. Fleet: The Air Canada fleet consists of 204 aircraft (as of December 2012). All aircraft are fitted with the new interiors, except three Boeing 767-300ERs. The new interior is a revamp of the cabin and has new installation of individual video displays in both Executive First and Economy classes. The majority of the widebody aircraft (B767, B777, A330) operates between Toronto, Montreal, Vancouver, and Calgary. Aircraft |Total | |Airbus A319-100 |37 | |Airbus A320-200 |41 | |Airbus A321-200 |10 | |Airbus A330-300 |8 | |Boeing 767-300ER |30 | |Boeing 777-200LR |6 | |Boeing 777-300ER |12 | |Boeing 787-8 |— | |Embraer175 |13 | |Embraer190 |45 | Number of in-craft employees: Approximately 27,000 employees (over 6,800 flight attendants) Extent of International Business Air Canada provides scheduled passenger service directly to 59 Canadian cities, 55 destinations in the U. S and 64 cities in other international locations. In terms of facilities outside of Canada, Air canada operates in 119 places. In itself the company is a global organization.Air Canada’s international strategy is helped through membership with Star Alliance as it strengthens market presence in Central America, Europe, the Middle East, Africa, and India. Air canada is attracting international revenues. Its extensive and expanding through its global network with its modern air fleet. Industry-leading on-board products and services, lounges and airport facilities are among the advantages that bring international success to Air Canada. Air Canada is Canada’s largest domestic, U. S. transborder and international airline and the largest provider of scheduled passenger services in the Canadian market, the Canada-U. S. transborder market and in the international market to and from Canada. Domestic, U. S. ransborder and international departures accounted for approximately 66%, 26% and 8%, respectively, of the 1,520 average daily departures in 2012. Air Canada also carried close to 35 million revenue passengers and provided passenger service to 178 direct destinations across it’s five continents. Statistics Taken: (Bibliography): Air Canada Main, Air Canada Financial Report: http://www. aircanada. com/en/about/acfamily/index. html Skies Magzine News: http://skiesmag. com/news/articles/17097-air-canada-turns-75-with-a-nod-to-history. html CUPE National: http://cupe. ca/air-canada/a4a280dbf06baf Statistics Canada: http://www. statcan. gc. ca/tables-tableaux/sum-som /l01/cst01/trans01a-eng. htm

The Catastrophic Earthquake In Haiti - Free Essay Example

Sample details Pages: 2 Words: 491 Downloads: 4 Date added: 2019/08/06 Category Science Essay Level High school Tags: Earthquake Essay Did you like this example? At 4:53 p.m. on January 12, 2010, an earthquake with a magnitude of 7.0 struck Haiti. Within 20 minutes of the initial shock, two large aftershocks followed with respective magnitudes of 6.0 and 5.7. Leog- ne is the epicenter, a town approximately 15 miles southwest from Port-au-Prince, the Haitian capital. This location is near, if not on, the Enriquillo-Plantain Garden Fault. In recent years, Haiti has dealt with a series of disasters but this earthquake is deemed as a catastrophe.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Port-au-Prince and its surrounding metropolitan area has an estimated population of 3 million people. The Haitian Government confirmed that there were more than 230,000 dead, 300,000 injured, and more than 1.3 million displaced. Overall, roughly 3 million people were affected by the earthquake. The ratio of death to total population is the highest in modern times, making it the most destructive event on a global scale. Don’t waste time! Our writers will create an original "The Catastrophic Earthquake In Haiti" essay for you Create order   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The earthquake took a toll on infrastructures with an estimated 80 percent of buildings damaged, if not completely destroyed. Schools, government offices and hospitals were especially damaged, as well as homes. The cost to repair Haiti is expected to be around 14 billion U.S. dollars. Socioeconomic factors contributed to the infrastructural damage and fatalities as Haiti is the most impoverished country in the western hemisphere. With little money, Haitis buildings are not durable enough to withstand natural disasters, despite the use of heavy concrete material. The buildings around Port-au-Prince typically consist of several stories due to limited space in a densely populated, urban location. A combination of poor structure and airborne material from a collapse likely contributed to the large amount of injuries and fatalities in the earthquake. Unpreparedness was another factor since earthquakes are not common in Haiti. If economic circumstances were different, the earthquakes devastation may have been minimized. Troubles continued after the earthquake with a series of landslides-more than 30,000 of them. A majority of these landslides occurred south of Leog?- ne, the epicenter, and traveled toward the coast. Tsunamis occurred near the Bay of Port-au-Prince and the island of Hispaniola, with waves approximately 10 feet high. Due to the small waves, the tsunamis were probably triggered by the landslides. The damage from the tsunamis was minimal even though it killed an additional three people.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The earthquake put Haiti at an even greater economic disadvantage. Any money that the nation had to rebuild itself is now needed for the cleanup. Others countries want to help Haiti but the aid is delayed due to inaccessible ship ports, airports, and paved roadways.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Haitis reputation of high unemployment rates is prolonged by the damage of the earthquake. The few jobs available in Haiti were agricultural but the necessary buildings and resources were destroyed by the natural disaster, additionally limiting the availability of clean water, food and shelter.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The catastrophic earthquake tested Haiti as a nation, illuminating the weakness of their infrastructure, economy and government. To improve living conditions, the country will have to depend on foreign aid. Long-term success, however, requires a functional government and cannot emerge through donations.