DEMONETIZATION
Demonetization is the act of stripping out a currency unit as legal tender. It happens when change of national currency takes place. The form of money in circulation is pulled out and discarded, which might or often are replaced with new notes and coins. Many a times, a country replaces the old currency with the new ones completely. There can be several reasons why a government wants to enforce demonetization. Some of them are to discourage a cash-dependent economy, to counter inflation, to counter corruption and crime (terrorism, tax evasion), to encourage trade, etc.
There are several advantages linked with the process of demonetization.
The biggest and impactful advantage of demonetization is that it helps the government to locate those people who are the owners of large bulks of unaccounted cash on which no income tax has been registered. This money is earned by corruption and illegal businesses this is also because many people who indulge in earning black money keep them as cash in their houses, villas or in some other secret places. the implementation of demonetization results in discarding all that cash because it has no value and those people are left with two options ; to deposit the money in bank accounts and pay taxes on such large amount or allowing the value of
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because of very slow procedure many people suffer serious problem. Everyone has their livelihood and problems so they have deal with it anyhow. The demonetization also leads to currency destruction. Individuals have burnt their cash and discarded the same which is a loss to economy .the government has to bear the cost of printing and circulating new currency. This directly affects the tax payers because the cost of printing new currency is deducted from the taxes they
The author, Barbara Kingsolver, uses figurative language to establish a tone of wonder in her science essay, Called Out, by using alliteration and simile. Barbara uses alliteration and simile by illustrating, “ Even highway median were so crowded with lupines and poppies that they looked like the seed packet promises come true…” (10-12). She portrays alliteration by using repetitive words such as, poppies, packet and promises. They all repeat the first letter in the words.
In 2013, Jcpenney had Return on Equity (ROE) of -66.59%. By 2014, JCPenney rapidly dropped to a -47.16% and the following the next year in 2015, there was a significant increase to -30.07%. Between 2013 and 2014 JCPenney was not able to utilize the stockholders cash and generate a more profitable return for the company. In 2015, the analysis continues to show that JCPenney was struggling to generate a fair enough profit with their stockholders money. The company’s Return on Operating Assets (RNOA) tell us that in the last three years JCPenney had the best return deriving from operations of -55.44% in 2014. In 2013 and 2014 the company did not do so well in accumulating profits from operating income. In 2013 RNOA was -24.96%, and in 2015 RNOA was -5.54%. In the last three years, 2015 was the best year in generating profit for JCPenney.
“What’s in a name? That which we call a rose by any other name would smell as sweet.”
If asked what democracy is, many would claim that it is a “government by the
Secondly, it low down the growth in economy as it was just increased to 1.8% from 1% in 2002. In 2003 it increased to just 2.3 percent. By cutting the tax rates effected the government income but in the long run it was effective.
Regardless of all facts on taxes about the advantage and disadvantage, it is more practical if we include more opinions on how the nation handle taxes in this centuries. Due to there are different perspective in each of every people, some people may not prefer having tax money and more to keep all the earning to themselves, and half of the nation might agree on federal government is not fair due to the percentage that has given to the citizen. But however, there are also some people who cared more for their tax money because they still believe it can save the economy not to themselves.
The concept of devolution was first introduced in 1998 in the United Kingdom. The United Kingdom is made up of England, Scotland, Northern Ireland and Wales. Devolution can be defined as the process whereby the central authority delegates part of her powers to the local or regional authority to exercise on her behalf. In this case, the UK parliament, which is the central authority, transfers some of its powers to the local authorities which are the Scottish parliament, the Northern Ireland parliament, the London Assembly and the National Assembly for Wales.
Other than the expected results, few interesting changes has occurred due to this initiative. Like, barter system is making a comeback in rural India with the demonetization drive. According to the Wall Street Journal a trader in Orissa gave a kilo of potatoes and cauliflower in exchange for half a kilo of honey. Another interesting observation was people selling their old Rs 500 and Rs 1000 notes on eBay and OLX. You
Demonetization is the act of stripping out a currency unit as legal tender. It happens when change of national currency takes place. The form of money in circulation is pulled out and discarded, which might or often are replaced with new notes and coins. Many a times, a country replaces the old currency with the new ones completely. There can be several reasons why a government wants to enforce demonetization. Some of them are to discourage a cash-dependent economy, to counter inflation, to counter corruption and crime (terrorism, tax evasion), to encourage trade, etc.
Around 43.3 million non-native Americans live in the US today, a number that has quadrupled since 1965 (Nicholson). Since then, immigrants have had plenty of time to adjust to the American life both socially and economically. Despite the large number of foreign inhabitants, the subject of immigration and whether it should be supported has been a major controversy in today’s society, having many pros and cons. Though most people assuming that foreigners are more of a burden to the US economy than a convenience, evidence suggests that they aid the government more than one would think. Therefore, I believe that immigrants provide the US economy with more benefits than disadvantages because they start businesses, create new jobs, and fuel the economy.
This can be used by the government to revitalize the economy and drive growth in the long run without impacting inflation. Secondly, it will act a warning shot to all the people with illegally acquired wealth to shut shop and start doing things the right way for it may not be worth to amass wealth again to lose it to a similar policy in the future. Third, it will put an end to the politician-bureaucrat-criminal nexus which thrives on black money. And last but not the least, the elimination of counterfeit currency has already dealt a heavy blow to terrorism (including Maoist violence) in the
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Attention Deficit Disorder with or without Hyperactivity (AD(H)D) continues to be a growing concern for parents and patients alike. AD(H)D creates difficulty in several areas of life, so treatment is often sought to ameliorate the troublesome symptoms. After receiving a diagnosis, patients are often recommended to take an effective type of medication that is classified as a ‘stimulant,’ as this treatment is often the most efficient. There is a growing concern about the effects to a patient that these drugs may have, as treatment can begin at early ages and continue through adulthood. The consequences of taking a medication, either long-term, short-term, positive, or negative, are important to both healthcare providers and patients. There is a lack of conclusive evidence that suggests any negative long-term effects from stimulants, thus these effects will be considered in lesser detail. This begs the question, do the short-term benefits of stimulants, namely Vyvanse and Adderall, used to treat Attention Deficit with or without Hyperactivity outweigh the potential costs? There will be an introductory statement of the disorder as well as the exploration of the effects of short-term stimulants on adults and children.