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VALUE ADDED TAX (VAT)

                                                          Introduction A   value-added tax   (VAT), known in some countries as a   goods and services tax   (GST), is a type of general   consumption tax   that is collected incrementally, based on the value added, at each stage of production and is usually implemented as a destination-based tax, where the tax rate is based on the location of the customer. VATs raise about a fifth of total tax revenues both worldwide and among the members of the   Organization for Economic Co-operation and Development   (OECD). As of 2014, 160 of the world's   approximately 193 countries   employ a VAT, including all OECD members except the United States. There are two main methods of calculating VAT: the credit-invoice or invoice-based method and the subtraction or accounts-based method. Using the credit-invoice method, sales transactions are taxed, with the customer informed of the VAT on the transaction, and businesses may receive a credit f
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Recent posts

Holi Hai..........

Today is the great Indian festival of colour which is celebrated in India with full of joy and love. So, I wish everyone a happy holi with full of colours, love, joy.........................
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Just Thinking about my LIFE

Hello everyone, today I am sitting alone, getting bore, wasting time in thinking many stuffs. So, I decided to write down my thoughts and share it with you may be somewhere anyone is having the same thoughts. Firstly I am worried about my future haha... don't know what to do and where the hell my life is heading to, totally confused as daily i decide to do something new but at last forget everything, people suggest many freaking ideas but they never try those with themselves(beep). I am slowly thinking and trying to figure out something good to do in future, which means i am doing future planning...interesting hehe.... Secondly I am jealous of my colleagues who are determined and already planned there future, even now a days small kids are more organised than me they know what to do in life and how to do it and that is something amazing and should be learned. I am thinking about the game 'Uncharted 4- A Thief's End' which I am playing on my PS4 pro, what to do next
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WWE Raw- 27-02-2017

Raw held at Green bay on Monday where Roman and Strauman contract signing moment was awesome and the highlight of the show was Seth Rollins and triple H verbal spat. Kevin Owens vs Goldberg at fastlane on Sunday, Goldberg kickoff the show.
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Pune pitch gets poor rating from ICC match referee

ICC match referee Chris Broad has given a "poor" rating to the pitch that was used in the first Test between India and Australia in Pune, where the game ended inside three days in favour of the visitors. The report has been forwarded to the Board of Control for Cricket in India (BCCI), which now has 14 days to respond, said the ICC in a statement. It was an unexpected result for the series-opener with Australia hammering India by 333 runs, ending the formidable hosts' 19-match unbeaten run. "Broad, in accordance with Clause 3 of the ICC Pitch and Outfield Monitoring Process, submitted his report to the ICC in which he expressed concern over the quality of the pitch," read the statement further. The BCCI's response will be reviewed by ICC's General Manager (Cricket), Geoff Allardice, and Ranjan Madugalle from the elite panel of ICC match referees. It is not the first time that an Indian pitch has attracted negative feedback from the match referee.
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Parvez Rasool opens up about 'National Anthem' controversy, says let cricketers play

India cricketer Parvez Rasool has finally spoken over the chewing gum controversy and appealed trolls to keep cricketers away from politics The Jammu and Kashmir cricketer came under sharp criticism over social media for insulting the National Anthem during first T20 International between India and England in Kanpur, on January 26. Cricket fans were irked with the all-rounder after he was caught chewing gum on camera while the rest of the Indian Team and people in cricket stadium were standing in attention as the National Anthem was being played. Rasool was quoted by ETV as saying, "Let cricketers play cricket and don't involve them into politics unnecessarily. I try to keep my focus on the game and don't let these controversies affect me. It is already very difficult for cricketers from our region to make it into the national team and when these things happen it is very disheartening. One has to remain tough and should not give importance to such controversies.&q
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