scholarly journals Effects of GST on Automobile Dealers Industry

2021 ◽  
Vol 9 (12) ◽  
pp. 138-141
Author(s):  
Namita Agrawal
Keyword(s):  
Automobile Industry ◽  
Clear Correlation ◽  
Policy Reforms ◽  
Policy Makers ◽  
Automobile Manufacturer ◽  
The Government ◽  
Global Investors ◽  
Automobile Dealers ◽  
Taxation System ◽  
The Impact

Abstract: India has applied for GST for their taxation system which has already been applied by more than 160 Nations worldwide. GST has changed India’s perception in front of policy makers of other countries, global investors including big automobile companies. The growth of automobile sector has clear correlation with the policy reforms as it affects domestic demand pattern as well as trade balance. The automobile industry in India is the most booming industry from last many years. India has become the fourth substantial automobile market in 2019 with increasing sales by 8.3% to 3.99 million units. It was the seventh substantial automobile manufacturer in 2018. The government of India has also known the importance of automobile industry. India has imposed a flare of hope by determined growth targets, supported by many of vital undertaking such as Digital India and the make in India campaigns. There are many changes made ensuring simplicity in the GST tax system. The purpose of the study is to understand the impact of these changes by Automobile Manufacturers (OEMs). Keywords: GST, Taxation, Commercial vehicle, automobile manufacturer.

scholarly journals Corporate Governance Codes and Intellectual Capital: Evaluating the Performance Impacts among Government-Linked Companies in Malaysia and Singapore – A Panel Data Analysis

2021 ◽  
Vol 124 ◽  
pp. 08004
Author(s):  
Yen Wen Chang ◽  
Ng Ching Yat David ◽  
Suet Cheng Low ◽  
Peck Ling Tee
Keyword(s):  
Corporate Governance ◽  
Data Analysis ◽  
Panel Data ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Panel Data Analysis ◽  
Policy Makers ◽  
Corporate Governance Codes ◽  
The Government ◽  
The Impact

The objective of this study was to examine and compare the effects of corporate governance (CG) and intellectual capital (IC) between Malaysia Government-Linked Companies’ (M-GLCs) and Singapore Government-Linked Companies’ (S-GLCs) firm performance (FP). Panel data analysis was employed to analyse the impact of CG’s variables and IC’s variables on FP. FP was measured by Return on Total Assets (ROA), Tobin’s Q and Earnings Per Share (EPS). Data was gathered from the website of Bursa Malaysia and the Stock Exchange of Singapore from 2005 to 2018. The sample size of this research was 60 GLCs which comprised of 34 M-GLCs and 26 S-GLCs. There were a total 840 firm year observations. Results indicated that CGs of S-GLCs have greater impact on FP when compared to M-GLCs while the findings of the IC of M-GLCs have greater impact on FP compared to S-GLCs. This research was helpful in offering further insights of CG practices and IC efficiency to the Government, Board of Directors, policy makers, shareholders and stakeholders.

scholarly journals THE IMPACT OF TAXATION AS AN AID TO ECONOMIC DEVELOPMENT (APPLIED STUDY IN KURDISTAN REGIONAL GOVERNMENT)

2020 ◽  
Author(s):  
Amanj Mohamed Ahmed ◽  
Muhammad Nawzad Ali
Keyword(s):  
Economic Development ◽  
Primary Source ◽  
Educational Systems ◽  
Secondary Source ◽  
Probability Method ◽  
Regional Government ◽  
Chi Square ◽  
The Government ◽  
Taxation System ◽  
The Impact

<p><em>This research was carried out to determine the weight of taxation in economic development, the main purpose is to discover the level of impact of taxation on economic development or if it has any impact. Another key objective is to improve the level of understandability and find probable solutions toward issues in taxation within the Kurdistan region, as well as unveiling the Kurdistan Regional Government’s taxation system in compliance with the up to date old Iraqi tax laws. KRG is barely surviving this crisis, with the increase of unemployment and poverty could taxation work as an aid to support the piles of the region. The current corruption in the government that does not use tax money efficiently and lack of transparency has been evaluated. Primary and secondary research methods were used to be able to gather information in order to reach an understanding. The primary source of data includes personal interviews and questionnaires, meanwhile, the secondary source of data includes the use of textbooks, social media, internet, and newspapers. Non-probability method of sampling was used in selecting the respondents. The study used the standard deviation, chi-square formula, and tables for the method of the examination. The results clearly illustrates that the government should</em> <em>commence the critical pursuit of broadening regional economy in order to improve economic growth and expansion and to become meticulous to fight with real corruption. The limitation and resources should be expanded by the government and bring taxation back to life through educational systems and social awareness.</em></p>

scholarly journals Analysis of Financial Sector Reforms and Impacts: Reflections from Pakistan

2011 ◽  
Vol 3 (2) ◽  
pp. 91-102
Author(s):  
Ali Raza ◽  
Muhammad Usman . ◽  
Muhammad Akram .
Keyword(s):  
Economic Growth ◽  
First Generation ◽  
Financial Sector ◽  
Financial Indicators ◽  
Policy Makers ◽  
Future Studies ◽  
Financial Restructuring ◽  
Sector Performance ◽  
The Government ◽  
The Impact

The purpose of this paper is to examine all efforts made by the Government of Pakistan in order to uplift the efficiency of financial sector through financial restructuring institutions such as banks, as well as to recognize the impact of these reforms on various financial indicators. Results of this study suggested that financial sector performance was very much better after the completion of first generation reforms but many new reforms are still required for macroeconomic stability and economic growth of Pakistan. This was the first attempt made by researcher in which detailed discussion was provided about financial sector reforms and it will help out the policy makers while developing policies for future and it will enhance the knowledge of economists and all other beneficiaries as well. Moreover, discussion for further reforms and gap for future studies was also provided.

scholarly journals Influence of electronic commerce on business performance: Evidence from e-commerce organisations in Harare, Zimbabwe

2017 ◽  
Vol 8 (6(J)) ◽  
pp. 146-152
Author(s):  
Christine Ivy Hurasha, ◽  
Tafara Chiremba
Keyword(s):  
Electronic Commerce ◽  
Business Performance ◽  
Positive Relationship ◽  
Service Operations ◽  
Policy Makers ◽  
Leading Role ◽  
The Government ◽  
The Impact ◽  
The Relationship ◽  
Structured Questionnaire

Abstract: The purpose of the study was to explore the impact of electronic commerce on business performance with specific focus on business organisations in Harare, Zimbabwe. This was achieved through investigating the relationship between e-commerce investment and indicators of business performance such as cost operations, service operations and profit levels. A structured questionnaire was developed and administered to 40 respondents from 10 e-commerce organisations. The study revealed that there was a positive relationship between e-commerce investment and business performance. It was revealed that an investment in e-commerce by organisations in Zimbabwe would increase profit levels, improve service operations and reduce transaction costs. The researchers recommended that organisations that have already adopted e-commerce should raise customer awareness and interest in e-commerce and promote the usage of the technology. They also recommended that policy makers such as the Government must take a leading role in the funding of education and the development of infrastructure in order to encourage more organizations and consumers to participate in e-commerce.Keywords: E-commerce, Business performance, Business organisations, Service operations, Cost operations

scholarly journals Socio-economic risk factors of foreign land acquisition in a developing country

2016 ◽  
Vol 6 (4) ◽  
pp. 457-464
Author(s):  
Ujunwa Augustine ◽  
Chinwe Okoyeuzu ◽  
Anthony Igwe ◽  
Wilfred Isioma Ukpere
Keyword(s):  
Local Development ◽  
Policy Formulation ◽  
Land Acquisition ◽  
Policy Makers ◽  
Country Level ◽  
Commercial Farming ◽  
Foreign Land ◽  
The Government ◽  
Congo Brazzaville ◽  
The Impact

Large investment in African land has generated serious interest among academicians, policy makers, international and local development agencies as well as civil organization. The debates centre on the phenomenal trajectory and the drivers of this investment in Africa. The inaccuracy or ambiguities in number of deals and institutional specificities has brought in the main, the need to undertake country by country study of foreign land deals in agricultural investment. To suggest vital information that will aid policy formulation and deliberation at country level, the study is on Congo-Brazzaville. This paper explores the factors that influenced foreign land acquisition in Congo, the impact of such investment on the host communities, and faults the decision of the government to make the attraction of foreign investment in agriculture a priority without fashioning out institutional framework that will regulate the investors and promote market discipline. Based on the above, the paper recommends strategies the government should earnestly pursue to mitigate the negativities of the investment and leverage on the benefits of commercial farming in the country, especially, in the area of skill transfer.

scholarly journals An evaluation of permanent crops: Evidence from the “Plant the Future” project, Georgia

2021 ◽  
Vol 6 (1) ◽  
pp. 212-222
Author(s):  
Lasha Zivzivadze ◽  
Tengiz Taktakishvili ◽  
Ekaterine Zviadadze ◽  
Giorgi Machavariani
Keyword(s):  
Agricultural Policy ◽  
Social Impact ◽  
Evaluation Criteria ◽  
High Demand ◽  
Policy Makers ◽  
The Future ◽  
The Government ◽  
The Impact ◽  
Future Project

Abstract Promoting investments in permanent crops is often considered by the government as a powerful measure to support long-term growth in agriculture. The same attitude is prevalent among agricultural policy makers in Georgia and hence, country’s government and the Ministry of Environmental Protection and Agriculture of Georgia initiate and coordinate projects facilitating new investments in permanent crops. The article deals with an evaluation of an impact of “Plant the Future” project in Georgia that provides funds for the potential beneficiaries for planting permanent crops. The structure and scope of the project are discussed in the article, and the relevant data regarding the area planted, financial impact, and beneficiaries for the period from 2015 to 2019 are analysed and the impact projection is made for the period of 2020–2043. Research showed that the target indicators of the project were fully achieved. In addition, there were a high demand from farmers to participate in this project and as a result, the budget spent in 2017–2019 exceeded the planned budget. The project appears to be beneficial in terms of net present values that are positive for all discussed discount rates, meaning that the benefits of the project are greater than costs. The return on investment of the project is around 10%, which is greater than the basic discount rate (8%). Social impact also seems to be high with 1,350 beneficiaries. According to the projection, from 2015 to 2024, around 3,000 beneficiaries will benefit from this project. In the methodology, five evaluation criteria are used, namely, relevance, effectiveness, efficiency, impact, and sustainability. Based on the evaluation, specific recommendations are given.

Impact of Automobile Regulations on Shareholders’ Wealth: Indian Empirical Evidence

Metamorphosis ◽  
2018 ◽  
Vol 17 (1) ◽  
pp. 28-40
Author(s):  
Manoj Anand ◽  
Jagandeep Singh
Keyword(s):  
Automobile Industry ◽  
Abnormal Returns ◽  
Policy Reforms ◽  
Vehicular Pollution ◽  
Cumulative Abnormal Returns ◽  
Emission Standards ◽  
Development Agenda ◽  
Arduous Task ◽  
Resultant Increase ◽  
The Impact

The world faces the arduous task of reining in pollution. The pursuit of development agenda fuels more pollution. The economic reforms of 1991 put the Indian automobile on a higher growth trajectory. The resultant increase in vehicular pollution drew the attention of the court of law and regulators. The present study captures the impact of various policy reforms initiated to achieve sustainable development in the automobile sector during the period 1999–2017. Lack of industry readiness led to negative cumulative abnormal returns on introduction of emission standards I, II, and III in 1999, 2005, and 2010, respectively. The automobile industry registered a significant negative CAR of 1.49 per cent in the (0, 0) window at the time of introduction of emission standards IV in 2017 and erosion of ₹88,390 million of shareholders’ wealth.

scholarly journals ARDL Bounds Testing Approach to Cointegration: Relationship International Trade Policy Reform and Foreign Trade in Vietnam

2016 ◽  
Vol 8 (8) ◽  
pp. 84 ◽  
Author(s):  
Do Thi Thao ◽  
Zhang Jian Hua
Keyword(s):  
Foreign Trade ◽  
Trade Policy ◽  
Policy Reform ◽  
Policy Reforms ◽  
Bounds Testing ◽  
Leading Role ◽  
The Government ◽  
Foreign Trade Activity ◽  
The Impact ◽  
Cointegration Relationship

Starting from in 1986, Vietnam began economic reforms, from an economy centrally planned economy to market-oriented socialist where the government still playing a leading role. The breakthrough in policy reform has succeeded in creating faster economic growth and improving people’s living standards. Among the policy reforms since renovation, trade policy is the most important ones and has great impacts not only on Vietnam’s foreign trade activity but also the whole economy. This paper focuses on the evaluation of the impact of reforms in trade policy on Vietnam’s foreign trade, the achievements and the limitations still exist after implement the reform of trade policy. Also, together with the mention of the content and the process of trade policy reform in Vietnam. Finally, it proposes some suggestions to improve Vietnam’s trade policy.

scholarly journals Impact of capitation on outpatient expenses among patients with diabetes mellitus in Tianjin, China: a natural experiment

BMJ Open ◽  
2019 ◽  
Vol 9 (6) ◽  
pp. e024807
Author(s):  
Yanan Dong ◽  
Jiageng Chen ◽  
Xiyue Jing ◽  
Xinjun Shi ◽  
Yunfeng Chen ◽  
...  
Keyword(s):  
Diabetes Mellitus ◽  
Natural Experiment ◽  
Group Versus ◽  
Control Policy ◽  
Medical Insurance ◽  
Control Group ◽  
Policy Makers ◽  
Patients With Diabetes ◽  
The Government ◽  
The Impact

ObjectivesCapitation policy, a new medical insurance settlement method implemented on 1 January 2014 in Tianjin, China, aimed to control unreasonable increases in medical costs. The goal of the current study was to evaluate the impact of capitation on outpatient expenses among patients with diabetes mellitus and provide scientific evidence for health policy-makers.DesignA natural experiment.SettingThe medical insurance database of Tianjin from 1 January 2010 to 31 December 2014.ParticipantsIn total, 35 529 records were included, comprising 9646 records in the pilot group (4907 records in 2014 and 4739 records in 2013) and 25 883 records in the control group (9814 records in 2014 and 16 069 records in 2013).Main outcome measuresThe outcome variables included annual total outpatient expenses, drug expenses, examination expenses, treatment expenses and other expenses.ResultsCapitation produced an increase in total outpatient expenses of ¥1993.76 (95% CI, ¥1643.74 to ¥2343.77) in the pilot group relative to the control group. There was also an increase in drug expenses of ¥1904.30 (95% CI, ¥1578.63 to ¥2229.96) after the implementation of capitation. An increase in examination expenses of ¥44.90 (95% CI, ¥19.11 to ¥70.68) was found in the pilot group versus the control group. Capitation also produced an increase in treatment expenses of ¥3.55 (95% CI, ¥1.01 to ¥6.09) and an increase in other expenses of ¥43.46 (95% CI, ¥26.81 to ¥60.11) in the pilot group versus the control group.ConclusionCompared with those who participated in the ‘control’ policy, outpatient expenses of patients enrolled in capitation increased significantly. The increases were due to the actual needs of patients, changes in drug directories, and the autonomy and independence of hospitals. It is necessary for the government, policy-makers, hospitals, doctors, patients and supervisory agencies to improve the capitation policy.

scholarly journals A STUDY ON RECENT POLICY REFORMS IN AGRICULTURE PRODUCE MARKETING

2020 ◽  
pp. 37-43
Author(s):  
Dr. Vijayagiri Bikshapathi
Keyword(s):  
Social Transformation ◽  
Central Government ◽  
Policy Reforms ◽  
Free Markets ◽  
Secondary Sources ◽  
Indian Agriculture ◽  
Rapid Economic Growth ◽  
The Government ◽  
Indian Food ◽  
The Impact

The government of India promulgated three ordinances on-farm reforms and successfully passed through the parliament that has a far-reaching effect in terms of structurally transforming Indian agriculture. The study focused on the impact of new farming reforms brought by the central government on the farmers and the economy. The data majorly has been collected from secondary sources such as newspapers, journals, websites of various governmental and private institutions. The Indian food industry is poised for huge growth, increasing its contribution to the world food trade every year due to its immense potential for value addition, particularly within the food processing industry. The recent emerging Information Technology (IT) and Bio-Technology, plays an important role in the rapid economic growth and social transformation in developing countries. The study found that the issues like incompatibility of poor farmers and the smart corporates unregulated free markets. The issues like MSP and exploitation in the name of contract farming etc., need to sorted by the government while implementing new agri-reforms. KEYWORDS: Agriculture Produce, APMC, Agri-business, MSP, farmers-protest

Sign in / Sign up

Export Citation Format

Share Document