...impact of GST on Malaysian households; 3) estimate the total GST raised from households in perfect condition vs. practical circumstance; 4) estimate the expected inflation spike based on the Consumer Price Index; and 5) discuss the wider implications of implementing GST. Despite setting essential items like basic food, public transportation, education and healthcare as exempt or zero rated items, we show that GST is a regressive tax. Using 7% as the standard GST rate, the average household is expected to pay 2.93% of monthly income as GST (RM 104 per month in July 2013 values). Households will pay higher percentage of their income as GST if they are: middle and low income groups (with those earning around RM 2,500 per month paying 3.07%), engaged as technicians, clerical and services workers, farmers and fishermen, in single person household, in young households (less than 24 years old), Bumiputera-led households and households residing in Peninsular Malaysia. We find that it is not possible to make GST a progressive tax as long as we want to raise the same amount of revenue. We experimented with: 1) a multi-tiered GST system whereby certain items attract higher GST rate than the standard rate; and 2) imposing high GST rate on fewer items, whilst exempting or zero-rating all remaining items. The high GST rate can be levied on transport excluding public transportation...
Words: 14521 - Pages: 59
...because “Grace Ecclestone was painfully aware that she was “‘not like other girls’” (McCullough). She was very persistent to find what out was wrong with her and when she reached the age of 24, she found a diagnosis in a book, and presented it to her doctors with Polycystic Ovarian Syndrome (McCullough). Ecclestone, like many girls with Polycystic Ovarian Syndrome knows that there is something unusual about them. The symptoms that come along with Polycystic Ovarian Syndrome are very abnormal. The symptoms include irregular periods, extra body hair on face, belly, and chest, acne, deep voice, decreasing breast size, and skin tags (“EPublications”). Even with all the usual symptoms, Polycystic Ovarian Syndrome is still not known in the medical field as much as it should be. This endocrine disorder should be more well because of how common it is. To be diagnosed, there are many different tests and exams that a doctor would perform to get an official diagnosis of Polycystic Ovarian Syndrome. There are two major physical exams that the doctor would perform. They are a vaginal and pelvic ultra sounds. These tests are to check for swollen ovaries, and get the size of the ovaries. Other non-invasive tests that doctors would run, are measuring insulin levels, checking blood pressure, and cholesterol. Two crucial tests that the doctor would perform are hormone levels, estrogen and testosterone, and check thyroid function. All of the non-invasive tests are done through blood tests...
Words: 1633 - Pages: 7
...MOTOR VEHICLE DRIVERS POLICY MANUAL TABLE OF CONTENTS ARTICLE 1.0 Introductory Information 1.01 General Applicability 1.02 Department of Transportation Regulations 1.03 Nondiscrimination ARTICLE 2.0 Driver Qualifications 2.01 General 2.02 CDL Drivers 2.03 New Hires 2.04 Employees - Driving Is Essential 2.05 Employees - Driving Is Non-essential 2.06 Reinstatement 2.07 Notification of Violations 2.08 MVR Review 2.09 Driver's Licenses ARTICLE 3.0 Vehicle Maintenance 3.01 General 3.02 Vehicle Files 3.03 Daily Pre-Drive Inspection 3.04 Daily Post-Drive Inspection DOT Regulated Vehicles 3.05 Periodic Maintenance 3.06 DOT Inspection 3.07 Mechanical Facilities 3.08 Expense Records 3.09 Cleaning 3.10 Signs ARTICLE 4.0 Vehicle Operating Rules 4.01 Seat Belts 4.02 Passengers 4.03 Fines and Tickets 4.04 Company Use 4.05 Alcoholic Beverages/Drugs 4.06 Laws, Rules and Regulations 4.07 Personal Vehicles 4.08 Locking of Vehicles 4.09 New Drivers ARTICLE 5.0 Accident Reporting 5.01 Accident Reporting 5.02 Accident Kits Dale Williams Trucking, Inc. Motor Vehicle Policy Manual ARTICLE 1.0 -- Introductory Information 1.01 General Applicability. This manual sets forth the policies of Dale Williams Trucking, Inc. and each of its subsidiaries (each such company is hereinafter referred to as "Company") as to the use and maintenance of Company owned and leased vehicles. It is not an employment...
Words: 3824 - Pages: 16
...Many of the benefits and costs associated with the death penalty cannot easily be quantified. The deterrence theory is arguably one of the main benefits of the death penalty. However, the results of that theory are murky and mixed, at best. There is a slight marginal benefit in reducing the overcrowding in prisons. However, when that benefit is measured again the entire judicial process, it is largely insignificant. The nonuse values linked to supporter's willingness to pay may be relatively great. The costs of the death penalty are quantified in more detail. The investigation, attorney preparation, trial, appeals process, and the actual execution of a capital case exceed the costs associated with a life imprisonment murder case. A Florida study revealed that the state spends six times as much money on a single capital case as it would to imprison a defendant until he dies (Von Drehle 1988a). False positives and nonuse values also increase the cost of capital punishment by some indefinite...
Words: 3210 - Pages: 13
...04/26/2013 Healthcare Johnson & Johnson Ticker: JNJ Recommendation: Buy Company Current Price: $84.83 Implied Price: $93.03 Investment Thesis Key Statistics Logo 50-Day Moving Average Johnson & Johnson is one of America’s largest companies, and it has a massive assortment of consumer brand holdings which will provide it with consistent growth. The company is growing through acquisitions that allow them to capture more market share, particularly in markets outside the United States. 52 Week Price Range Johnson & Johnson is a stable company that has been increasing returns to shareholders through dividend increases and stock repurchases. 61.71-84.93 $80.44 Estimated Beta .55 Dividend Yield 3% Market Capitalization 3-Year Revenue CAGR 4.74% Five-Year Stock Chart 231.5B $90.00 120,000,000 $80.00 100,000,000 $70.00 Trading Statistics $60.00 Diluted Shares Outstanding 2.90 Billion 80,000,000 $50.00 60,000,000 Average Volume (3-Month) 9.87 Million $40.00 $30.00 Institutional Ownership 68.00% 40,000,000 $20.00 20,000,000 $10.00 Insider Ownership 0.03% $0.00 Apr-08 Oct-08 Apr-09 Oct-09 Apr-10 Oct-10 Apr-11 EV/EBITDA (LTM) 12.66 Volume Adjusted Close 0 Oct-11 50-Day Avg Apr-12 Oct-12 200-Day Avg Forecast Summary Margins and Ratios EBITDA Margin (LTM) 27.63% 03/31/2014E 06/30/2014E 09/30/2014E ...
Words: 14460 - Pages: 58
...GOVERNMENT OF INDIA, MINISTRY OF RAILWAYS RAILWAY RECRUITMENT BOARDS Date of publication: 12.05.2012 Date & time of closing: 11.06.2012 up to 17.30Hrs. Date of Preliminary Exam: 28.10.2012 (refer Para 16 of General Instructions) CENTRALISED EMPLOYMENT N O T I C E No.: 03/2012 Applications are invited in the prescribed format as enclosed( on a good quality A-4 size bond paper of 80 GSM using one side only) from eligible Indian Nationals for the Common Preliminary Examination for following posts of Non Technical Popular Category(Graduate), Assistant Station Master and Traffic Assistant. Applications complete in all respects along with required enclosures should be sent by ORDINARY POST NORMALLY to the concerned Railway Recruitment Board as mentioned in para 15 of this notification, so as to reach on or before 11.06.2012 up to 17.30 Hrs. The applications can also be dropped in the box kept at the premises of concerned RRB offices, till the closing date. For candidates residing in Assam, Meghalaya, Manipur, Arunachal Pradesh, Mizoram, Nagaland, Tripura, Sikkim, Jammu & Kashmir, Lahaul & Spiti districts and Pangi sub-division of Chamba district of Himachal Pradesh, Andaman, Nicobar and Lakshwadeep islands and for candidates residing abroad, the closing date for receipt of applications by posts will be 26.06.2012 up to 17.30 Hrs. Candidates Please Note: 1) Stages of Exam. :a) Common Preliminary Examination (i.e. stage I) for all the notified categories. b) Main (Second stage) Exam...
Words: 11122 - Pages: 45
...elsevier.com/locate/omega Strategic performance measurement in a healthcare organisation: A multiple criteria approach based on balanced scorecard E. Grigoroudis n, E. Orfanoudaki, C. Zopounidis Technical University of Crete, Department of Production Engineering and Management University Campus, Kounoupidiana, 73100 Chania, Greece a r t i c l e i n f o Article history: Received 5 July 2010 Accepted 11 April 2011 Processed by Triantaphyllou Available online 20 April 2011 Keywords: Health service Multicriteria analysis Case study Performance measurement Balanced scorecard Business strategy a b s t r a c t The Balanced Scorecard (BSC) methodology focuses on major critical issues of modern business organisations: the effective measurement of corporate performance and the evaluation of the successful implementation of corporate strategy. Despite the increased adoption of the BSC methodology by numerous business organisations during the last decade, limited case studies concern non-profit organisations (e.g. public sector, educational institutions, healthcare organisations, etc.). The main aim of this study is to present the development of a performance measurement system for public health care organisations, in the context of BSC methodology. The proposed approach considers the distinguished characteristics of the aforementioned sector (e.g. lack of competition, social character of organisations, etc.). The proposed measurement system contains the most important financial performance...
Words: 13655 - Pages: 55
...Lloyd’s Certificate This Insurance is effected with certain Underwriters at Lloyd’s, London. This Certificate is issued in accordance with the limited authorization granted to the Correspondent by certain Underwriters at Lloyd’s, London whose syndicate numbers and the proportions underwritten by them can be ascertained from the office of the said Correspondent (such Underwriters being hereinafter called “Underwriters”) and in consideration of the premium specified herein, Underwriters hereby bind themselves severally and not jointly, each for his own part and not one for another, their Executors and Administrators. The Assured is requested to read this Certificate, and if it is not correct, return it immediately to the Correspondent for appropriate alteration. All inquires regarding this Certificate should be addressed to the following Correspondent: 303 Congressional Boulevard Carmel, IN 46032 1-800-335-0611 317-575-2652 317-575-2659 FAX www.sevencorners.com SLC-3 (USA) NMA 2868 (24/08/2000 From approved by Lloyd’s Underwriters’ Non-Marine Association Limited EASON PRINTING CO., CHICAGO Compass Budget, Care and Elite Plans 1 Effective 7-01-11 CERTIFICATE PROVISIONS 1. Signature Required. This Certificate shall not be valid unless signed by the Correspondent on the attached Declaration Page. 2. Correspondent Not Insurer. The Correspondent is not an Insurer hereunder and neither is nor shall be liable for any loss or claim whatsoever. The Insurers hereunder...
Words: 8381 - Pages: 34
...| Alaska Air Group and Southwest Airlines Co. | | 2/11/2012 | Introduction For the purpose of this paper, Alaska Air Group (ALK) is the subject of the primary financial analysis with the majority of comparisons made against Southwest Airlines Co (LUV). For financial purposes, the airline industry falls under the transportation sector, consisting of airlines, railroad, and trucking and characterized by the movement of people and products. For the purpose of this analysis, comparable airline carrier ratios are used. An enhanced look into the specifics of Alaska and Southwest’s financial statements and accounting methods explain their positioning in the airline industry and reflect their performance in recent years. Activities Alaska Airlines reported record earnings for the year 2010, with a $203 million improvement from 2009. A 9.8% increase in passenger traffic over the previous year drove the revenue increase (Alaska Air Group, Inc., 2011). Alaska also led the ten largest carriers in on-time performance for the year. For the third year in a row, it ranked highest in customer satisfaction among traditional network carriers, as listed by J.D. Power and Associates (Alaska Air Group, Inc., 2011). Challenges * The safety and financial results could be harmed in the event of an accident or incident * Changes in government regulations or restrictions could drive operating costs up * Security concerns related to the airline industry as...
Words: 5459 - Pages: 22
...AN INTERNSHIP REPORT ON Human Resource Policies and Practices of IFIC Bank Ltd. Submitted To: Submitted By: Mr. Dr. Md. Saiful Islam Md. Sohorab Hossain Professor ID No.: 11251014 Department of Management EMBA 7th Batch Studies Major: Human Resource Rajshahi University Management Rajshahi University Date of Submission: Letter of Transmittal Date: Mr. Dr. Md. Saiful Islam Professor Department of Management Studies Rajshahi University Subject: Submission of Internship Report Sir, It is my great pleasure to submit the internship report titled “Human Resource Policies and Practices of IFIC Bank Ltd.” which has been prepared as an integrated part of the course requirement of my MBA program. I did my internship at IFIC Bank Limited, Rajshahi Branch. It will be highly appreciated if you kindly accept the report. Your positive action regarding this matter would be very much helpful for my academic career. Sincerely yours Md. Sohorab Hossain ID: 11251014 EMBA 7th Batch Department of Management Studies Rajshahi University Student’s Declaration I hereby announce that the extensive study entitled “Human Resource Policies and Practices of IFIC Bank” (Conducted in IFIC Bank Limited, Rajshahi Banch). Prepared in partial accomplishment of the requirement for the award of the degree Masters of Business...
Words: 10537 - Pages: 43
...MILITARY MEDICINE, 180, 4:419, 2015 Overview of Depression, Post-Traumatic Stress Disorder, and Alcohol Misuse Among Active Duty Service Members Returning From Iraq and Afghanistan, Self-Report and Diagnosis Sarah A. Mustillo, PhD*; Ashleigh Kysar-Moon, M A f; Susan R. Douglas, PhDp, Ryan Hargraves, MS±; Shelley Mac Derm id Wadsworth, PhD*; Melissa Fraine, MPH§; Nicole L. Frazer, PhD§ ABSTRACT Previous studies have found deployment to combat areas to be associated with an increased risk of posttraumatic stress disorder (PTSD), depression, and alcohol abuse, but many previous studies were limited by samples that were not representative of the deployed military as a whole. This study presents an overview of these three mental health problems associated with deployment among Air Force, Army, Marine Corp, and Navy service members returning from deployment to Iraq and Afghanistan between January 2007 and March 2008. With postdeployment health data on over 50,000 service men and women, including diagnostic information, we were able to estimate prevalence of those who screened positive for risk of each disorder in self-report data at two time points, as well as prevalence of diagnoses received during health care encounters within the military health care system. The prevalence ranges of the three disorders were consistent with previous studies using similar measures, but service members in the Navy had higher rates of screening positive for all three disorders and higher...
Words: 5819 - Pages: 24
...Demographic Complementarities and Outsourcing: Implications for India By: Mukul G. Asher Professor, LKY School of Public Policy National University of Singapore e-mail: sppasher@nus.edu.sg and Research Scholar Department of Economics National University of Singapore e-mail: amarendu@nus.edu.sg Amarendu Nandy May 2006 Draft – Not to be cited without permission The authors would like to thank anonymous referees, Sanjeev Sanyal, Amlan Roy, Anantha Nageswaran and R. Swaminathan for their useful comments. The usual caveat applies. _______________ This is a longer version of the paper prepared for IMRC 2006 conference on Global Competitiveness through Outsourcing: Implications for Services & Manufacturing, Indian Institute of Management (IIM), Bangalore, July 13-15, 2006. Abstract This paper analyses the implications of differing global demographic trends for India’s competitiveness in outsourcing and offshoring. It also briefly notes the implications of differing demographic trends among the Indian states. The paper argues that demographic complementarities with high-income countries provide India with one-time opportunity to sustain its growth rate and occupy all segments of global outsourcing and offshoring activities. India has used the labor cost advantage to gain reasonable market share in these activities. It however faces serious internal and external challenges in sustaining its international competitiveness, particularly with respect to labor cost....
Words: 9196 - Pages: 37
...29th Annual Report 2009-10 BOARD OF DIRECTORS Shri A K Srivastava Chairman-cum-Managing Director Shri S. K. Nayak, IAS Part-time Official Director Shri B. L. Bagra Director (Finance) Shri Joy Varghese Director (P&A) Shri A. K. Sharma Director (Production) Shri P. K. Padhi Director (P&T) Shri Ansuman Das Director (Commercial) 2 National Aluminium Company Limited INDEPENDENT DIRECTORS Dr. A. Sahay Shri S. S. Sohoni IAS (Retd.) Shri K. S. Raju Shri S. B. Mishra IAS (Retd.) Shri N. R. Mohanty Dr. Jyoti Mukhopadhyay Shri R. K. Sharma Maj. Gen. (Retd.) Samay Ram, UYSM, AVSM, VSM 3 29th Annual Report 2009-10 EXECUTIVE DIRECTORS Smt. Srabani Guha, IES CVO Shri P. K. Parida Shri B. N. Swain Shri A. Sapra Shri S. C. Dash Shri P. K. Mohapatra Shri K. N. Ravindra Company Secretary Shri K. S. Sreedhara 4 29th Annual Report 2009-10 The sale of 7,094 MT Special Grade Alumina was the highest surpassing the previous high of 4,769 MT achieved in 200809. The sale of Special Grade Hydrate at 12,815 MT was the highest ever sale surpassing the previous best of 11,670 MT achieved during 2007-08. FINANCE Your Company posted a lower total income of ` 5,548 crore in the year under report, as against ` 5,631 crore during the previous year. Profit After Tax for the year stands at ` 814 crore, as against ` 1,272 crore in the previous year. The decline in net profit during the year compared to previous year was due...
Words: 34164 - Pages: 137
...Computers in Human Behavior 31 (2014) 48–56 Contents lists available at ScienceDirect Computers in Human Behavior journal homepage: www.elsevier.com/locate/comphumbeh My privacy is okay, but theirs is endangered: Why comparative optimism matters in online privacy concerns Young Min Baek a,⇑, Eun-mee Kim b, Young Bae c a Department of Communication, Yonsei University, Republic of Korea Department of Communication, Seoul National University, Republic of Korea c Department of Information Sociology, Soongsil University, Republic of Korea b a r t i c l e i n f o a b s t r a c t It is easy to trace and compile a record of individuals’ online activities, and cases of online privacy infringement (i.e., improper use of personal information) have been reported in advanced societies. Based on existing risk perception research, this study examines comparative optimism regarding online privacy infringement (i.e., users tend to believe privacy infringement is less likely to happen to oneself than to others) and its antecedents and consequences. Relying on large-scale online survey data in South Korea (N = 2028), this study finds: (1) comparative optimism is higher when the comparison targets are younger; (2) online knowledge and maternalistic personality traits increase comparative optimism mainly by influencing perceived risk to others, while prior experience of privacy infringement increases comparative optimism mainly by influencing perceived personal risk; and (3)...
Words: 5399 - Pages: 22
...The Information and Communication Technology Capabilities of LGUs 87 2. The personnel and department heads should practice using the application software and try exploring while using the software. 3. The personnel especially in the lowland and interior municipalities need to undergo training along Microsoft Excel and use of Internet; and the department heads should find time to attend training on advanced I.T. like Microsoft PowerPoint. 4. The Local Government Units should include in their Municipal Development Plans how they can improve and advance along Information and Communication Technology, particularly their connection to the World Wide Web. References A. Book Milton, Susan J. and Arnold, Jesse C. Introduction to Probability and Statistics: Principles and Applications For Engineering and The Computing Sciences. New York, Mc Graw Hill, 2004 B. Theses Benzon, Paraluman Ma. Fatima C. “Computer Literacy of Local Government Unit Personnel of Vigan City”, (Unpublished Master Thesis, University of Northern Philippines, Vigan City, 2006) Lumibao, Donna Marie C. “Computer and Information Technology in the local Government Units of the First District of Ilocos Sur”, (Unpublished Master Thesis, University of Northern Philippines, Vigan City, 2004) C. Magazine National Information Technology Plan. Info Trends, 1988 88 UNP Research Journal Vol. XIX ...
Words: 30250 - Pages: 121