- published: 03 May 2016
- views: 169
In economics, products can be classified into goods and services. Goods are items that are tangible, such as books, pens, salt, shoes, hats and folders. Services are intangibles provided by other people, such as doctors, lawn care workers, dentists, barbers and waiters. According to economic theory, consumption of goods and services is assumed to provide utility (satisfaction) to the consumer or end-user, although businesses also consume goods and services in the course of producing other goods and services.
Physiocratic economists categorized production into productive labour and unproductive labour. Adam Smith expanded this thought by arguing that any economic activities directly related on material products (goods) were productive, and those activities which involved non-material production (services) were unproductive. This emphasis on material production was adapted by David Ricardo, Thomas Robert Malthus and John Stuart Mill, and influenced later Marxian economics. Other, mainly Italian, 18th century economists maintained that all desired goods and services were productive.
Herschel learns that it takes work to produce the goods and services that satisfy people's economic wants. More at www.kidseconposters.com
The Finance Guru is back with yet another informative video that will solve all your queries about things that should be keep in mind.Today's topic of discussion 'GST: Good And Services TAX' To Learn More, Please Watch the video!! Secret Behind 0% EMI | Vishal Thakkar https://youtu.be/ald56Yjjwkw For More Updates follow me on: Facebook Link...https://www.facebook.com/tovishalthakkar Twitter Link...https://twitter.com/authorvishalt?lang=en Linked in Link. in.linkedin.com/in/vishalthakkar1405/ To know more about my channel, SUBSCRIBE now http://www.youtube.com/user/financetubebyvishalt?sub_confirmation=1
This is your video for your My Big Campus assignment for Social Studies.
Go Premium for only $9.99 a year and access exclusive ad-free videos from Alanis Business Academy. Click here for a 14 day free trial: http://bit.ly/1Iervwb To view additional video lectures as well as other materials access the following links: YouTube Channel: http://bit.ly/1kkvZoO Website: http://bit.ly/1ccT2QA Facebook: http://on.fb.me/1cpuBhW Twitter: http://bit.ly/1bY2WFA Google+: http://bit.ly/1kX7s6P SoundCloud: http://bit.ly/1hNcJ2k Products consists of anything that provides value to consumers. Within the broad category of products we place company offerings into two categories: goods and services. While goods present physical offerings, services share a different set of characteristics. In this video lecture I discuss the difference between goods and services and also discuss...
So, if economics is the study of how society makes choices about scarce items, what ARE those items? Watch on to learn about good and services, the scarce items that drive economic decision making!
Goods and Services Tax 2016 Basics by Keshav R Garg
What is GST (Goods and Services Tax India) | Basics of GST Bill for Beginners #GSTbill In an historic decision, Rajya Sabha passes the GST Bill on Aug 3. This Bill has perhaps got the highest Press in recent times and is being considered as the biggest Reform since 1991 Financial Reforms. Already 140+ countries have GST globally. So, What is GST? How it is different from current tax structure? These are the questions we have explained in this video. Wikipedia definition says, "Goods and Services Tax" would be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments. Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/yadnyaacademy Facebook Group...
Listen to the full audiobook: http://easyget.us/mabk/30/en/B00DL1U9G0/book The study of past society in terms of what it consumes rather than what it produces is relatively speaking a new development. The focus on consumption changes the whole emphasis and structure of historical enquiry. While human beings usually work within a single trade or industry as producers, as, say, farmers or industrial workers, as consumers they are active in many different markets or networks. And while history written from a production viewpoint has, by chance or design, largely been centred on the work of men, consumption history helps to restore women o the mainstream.the history of consumption demands a wide range of skills. It calls upon the methods and techniques of many other disciplines, including arch...
Read your free e-book: http://downloadapp.us/mebk/50/en/B00872FJTU/book Environmental life cycle assessment is often thought of as cradle to grave and therefore as the most complete accounting of the environmental costs and benefits of a product or service. However, as anyone who has done an environmental life cycle assessment knows, existing tools have many problems: data is difficult to assemble and life cycle studies take months of effort. A truly comprehensive analysis is prohibitive, so analysts are often forced to simply ignore many facets of life cycle impacts. But the focus on one aspect of a product or service can result in misleading indications if that aspect is benign while other aspects pollute or are otherwise unsustainable. This book summarizes the Eio-lca method, explains i...
Read your free e-book: http://downloadapp.us/mebk/50/en/B004V9O8CC/book The principle of non-discrimination is fundamental to the regulation of international trade in goods and services. In the context of trade in goods, the concept of 'like products' has become a key element of the legal analysis of whether a trade obstacle violates Gatt non-discrimination obligations. The equivalent concept of 'like services and service suppliers' in Gats rules on non-discrimination has received little attention in Wto jurisprudence. In light of the remaining uncertainties, Nicolas Diebold analyses the legal problems of the Gats 'like services and services suppliers' concept using a contextual and comparative methodology. The 'likeness' element is not analysed in isolation, but in context with 'less favo...
Read your free e-book: http://downloadapp.us/mebk/50/en/B008LW24DU/book This is a detailed guide on how to read Wto Schedules of Commitments for Goods and Services. The Schedules are part of the Legal Texts of the Wto Uruguay Round Agreements. They comprise about 27,000 pages of specific commitments by 153 members of the Wto on market access conditions for their markets. Understanding how to interpret the Schedules is essential for anyone wishing to glean information for academic, official, or business purposes. Commissioned and reviewed by the Wto Secretariat, this is a unique guide to understanding the Schedules.
Read your free e-book: http://downloadapp.us/mebk/50/en/B008KZ6FNI/book Industrial Safety and Health for Goods and Materials Services focuses on the safety requirements of the wholesale and retail trades, including warehousing. This detailed text describes the hazards associated with chemicals, compressed gases, and fire. In addition to discussing the ergonomics behind hand tools, ladders, machine guarding, material handling, and industrial trucks, the book:addresses interventions and preventive approaches to help ensure a safe workplace Uses real-world examples and relevant illustrations Provides guidance on removal, delimiting, and mitigation of safety and health hazards Includes safety checklists and other tools for immediate use Identifies energy source exposures, potential hazards, an...
http://gstcentre.in/ Goods and services tax online i.e, the tax can be payed by electronically, at your bank, or by mail. Indian constituition mandidates that gst tax can only be collected or levied only by the authority specified.Tax can be collected from any person who is fallen within the ambit of the charging section. No one can be taxed by implication. For more details visit our website : http://gstcentre.in/ Like us our facebook page on https://www.facebook.com/accountsacademi/ Follow us on twitter https://twitter.com/accountsacadmy
Click link: https://goo.gl/Lqf37x?36496
This video explains how to fill out the Goods and Services page of the USPTO’s federal trademark registration application. The information applies to TEAS PLUS applications only. Enhanced accessibility version:http://helix-1.uspto.gov/player/TEAS_GoodsAndServices_Plus_508.html To stay current with the USPTO, subscribe to regular e-mail updates at http://www.uspto.gov/subscribe.
Knowledge series on Goods and Service Tax by CA Avinash Poddar. This is Part-I of this knowledge series - Overview of GST
Goods & Services Tax - a complete overview on basic concept of GST, Present Taxation Vs GST, Input Adjustment, Registration, GSTN, Rate of GST, Returns and payments, GST is in replacement of Excise, Vat , Sales Tax, Service Tax and some other State and Central Taxes , This Class is prepared by Amarjeet Singh for City Commerce Academy. Recording Date 15.10.2016 , upcomming luctures GST accounting with Tally erp 9 accounting software
We(Our Team-CA –Final) Analyze of new tax system GST and its benefits to the common man in India. Watch complete Technical Series for getting detailed updates! The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, now almost become GST Act, 2016.After the Constitution (122nd) Amendment Bill passed. Tcaindia(CA-Final Team) always stay ahead in bringing current affairs from all the valley of National interest, Politics, Entertainment, Sports and International happenings. We take you to the depth of every matter by providing every small detail and makes you familiar with all the happening around you. Accounts Tutorials is the highly popular Hindi Training channel of India’s best channel. What is an Indirec...
#GST
The Goods and Services Tax (GST) is a proposed Indirect Tax. The Lok Sabha has already passed the GST Bill; however, it is stuck in the Rajya Sabha. Some states are also opposing the GST fearing loss of revenues. The GST Bill, if passed, would transform India into one of the largest unified markets of the world. Since the GST would radically transform the Tax Landscape of our country it becomes very important with respect to the Prelims and the Mains. UPSC has already asked a question about GST in Mains 2013 and there are very high chances that this topic may be repeated this year, especially since the Lok Sabha has passed the bill and the Government has announced that the GST will be passed anyhow, indicating a possible Joint Sitting of the Parliament). What is an Indirect tax? What is ...
A comprehensive presentation on Goods and Services Tax ( GST ) by GreyMatBay. History of GST, its relevance, Impact on Economy, calculation of tax under GST, applicable tax rates, Main provisions of GST, how GST can complement economic growth, its synergy with other government flagship initiatives like Make in India, Start up India or Stand up India, Skilling India etc. everything explained with an economists perspective. Helpful for students preparing for competitive exams like UPSC, IAS, administrative services exams
Language: Hindi, Topics Covered: 1. recap of the previous lectures on fiscal policy 2. sales tax and cascading effect explained 3. Value added tax (VAT) and input credit system. 4. What are MODVAT and CENVAT? 5. Why do we need goods and services tax? 6. 122nd constitutional amendment Bill 2014: salient features of. 7. GST council: structure and functions 8. list of union and states indirect taxes to be subsumed under GST regime 9. What are CGST, SGST and IGST input credit system. 10. four benefits of GST: efficient logistics, Ancillarisation, Same “Base” computation and Zero rated Exports 11. Challenges ahead in implementation: High revenue neutral rate (RNR), Compensation to states & 14th Finance commission, Registration threshold and Misc. issues. Powerpoint available at http://Mrunal.o...