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Showing posts from May, 2017

Essay on Goods and Services Tax (GST)

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GST –
Goods & Services Tax, is a holistic indirect tax on the sale, consumption and manufacturing of goods and services in its entire product cycle i.e. from manufacturer to the consumer, throughout India. GST, as an indirect tax for the whole country would make India a unified market by replacing taxes levied by the central & state government respectively, truly on the lines of ‘One Nation One Tax’. As a destination-based taxation system, it has been ratified by the 101st Constitutional Amendment Act. GST will be calculated only in the ‘value addition’ stage of a good or service. The end consumer will pay only their part of the tax and not the entire supply chain, which was the case earlier. A GST council has been provisioned - to be chaired by the Finance Minister of India – to decide upon any matter related to GST. The GST Council is the first federal institution of India and will approve all decisions pertaining to taxation in India. It comprises all 29 states, Pondicher…

Essay on Natural Resources For Grade 6

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As Gandhi said that there is enough of Earth for men need but not for its greed. The saying goes very well with Natural Resources. These are the assets to the mother earth and boon to the humanity development only if you understand the real worth. The natural resources are available on earth since its origin and involve no human interventions and hence are priceless but available in limited amount. The land, water, minerals, plants, sunlight, wind and many more resources as such fall in this category. Depending upon its origin, they are divided in two categories biotic (fossil fuels and organic matter) and abiotic (Sun, wind, land, etc). Renewable natural resources can be replenished naturally and include sunlight, wind, land, etc. Whereas non-renewable natural resources like coal, minerals take million of years to be formed. Hence it is always suggested to use the available resources judicially so as to make it facilitated for future generations as well. The major concern of the p…

Essay on 'Importance of Moral' for Grade 5

Morals are of great importance in one's life and his behaviors with other human beings, but they outweigh the importance of the need for food and drink; because good character and manners with others determine the course of one's life. Since the relationship in this world is inevitable; however, the man who deals with others well, he will be happier, if he strictly follows the good deeds and have fear of God. Fear of God is such a factor that throw out the unwanted proud, anger, hatred etc from the mind of human beings. Whatever the extent of human and greatness, he will not be on the right track and will not be happy in the unless he has dignified morals. When we talk about morals, we don't talk about the myths and some stories that do not affect our daily lives, but we are talking about substantial and vivid applications to change our individual and collective behavior at the same time. Therefore, the virtuous morals build nations and make them coherent socially and cu…

Essay on IPL Indian Premier League Cricket T20

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Indian Premier League – The Journey of an Adventure
Setting a legendary milestone in the world of a sport like cricket, the BCCI created Indian Premier League. The exact combination of sports and entertainment to its fullest as to attract most of the audiences even the ones who have never watched cricket before the beginning of IPL in 2008. Many like I myself have learnt the details of a cricket match from first IPL held in 2008. From then till today, we have been travelling equivalently with the Indian Premier League for so many years now. 2017 makes it the 11th for our very own and much celebrated Indian Premier League. How was it so easy for the IPL to win over the diverse amount of people?
Indian Premier League was the one of its kind ever held in India. It is an Indian League of Cricket with 20/20 cricket matches between different states of India. However each team consisted of players from different countries. There were a number of famous entrepreneurs who started 8 teams.…