Automation of VAT System

2022 ◽  
pp. 263-284
Author(s):  
Biplob Kumar Nandi ◽  
Md. Humayun Kabir ◽  
Nandini Roy
Keyword(s):  
Sustainable Development ◽  
Tax Reform ◽  
Tax Compliance ◽  
Value Added ◽  
Secondary Data ◽  
Compliance Cost ◽  
Tax System ◽  
National Board ◽  
Development Goals ◽  
Domestic Resource

The automated tax system has been taken as an effective tool for modernizing the tax system. The automated tax system can easily store all types of reported income, and it makes the tax submission procedure easy and convenient, resulting in reducing the compliance cost. The main objective of this chapter is to explain the necessity of an automated value added tax (VAT) system for raising domestic resource mobilization and how automation can be a better alternative to finance sustainable development goals projects. The secondary data was collected from the National Board of Revenue, Bangladesh. This study explains that the entire VAT system's automation can reduce the taxpayers' incentive to evade tax by reducing the tax compliance and taking bribes of tax officials. In sum, automation of the tax system would ultimately be pragmatic tax reform for the financing in the SDG projects.

Automation of VAT System

2021 ◽  
pp. 224-246
Author(s):  
Biplob Kumar Nandi ◽  
Md. Humayun Kabir ◽  
Nandini Roy
Keyword(s):  
Sustainable Development ◽  
Tax Reform ◽  
Tax Compliance ◽  
Value Added ◽  
Secondary Data ◽  
Compliance Cost ◽  
Tax System ◽  
National Board ◽  
Development Goals ◽  
Domestic Resource

The automated tax system has been taken as an effective tool for modernizing the tax system. The automated tax system can easily store all types of reported income, and it makes the tax submission procedure easy and convenient, resulting in reducing the compliance cost. The main objective of this chapter is to explain the necessity of an automated value added tax (VAT) system for raising domestic resource mobilization and how automation can be a better alternative to finance sustainable development goals projects. The secondary data was collected from the National Board of Revenue, Bangladesh. This study explains that the entire VAT system's automation can reduce the taxpayers' incentive to evade tax by reducing the tax compliance and taking bribes of tax officials. In sum, automation of the tax system would ultimately be pragmatic tax reform for the financing in the SDG projects.

scholarly journals GST: A Tax Reform for Sustainability of Indian Handicrafts

2019 ◽  
Vol 7 (1) ◽  
pp. 354-359
Author(s):  
Kritika Tekwani ◽  
Rinku Raghuvanshi
Keyword(s):  
Sustainable Development ◽  
Tax Reform ◽  
Value Added ◽  
Secondary Data ◽  
Published Data ◽  
Tax System ◽  
The Sustainable Development ◽  
Goods And Services ◽  
The Government

Purpose of the study: Taxation is one of a tool, which helps the Government for the achievement of the goal of sustainable development for every sector including handicraft. The objectives of this study are to know about Goods and Services Tax & its inferences on sustainable development of Indian handicrafts and to identify the role of GST as tax reform in the sustainable development of handicrafts sector in India. The Indian handicraft is economically important and it has more potential for exports. This sector places a major role in the Indian economy. Methodology:  The Descriptive method of research has been used to gather information about the existing conditions of GST and Handicraft sector of India. This study is based on secondary data. The data has been taken from different journals, books, magazines, websites, and published data from government institutions. This study is explanatory in nature. The collected data from different sources has been reviewed and data relevant to the handicraft sector further analyzed. The researcher concluded that how GST is helping Indian handicraft sector for sustainable development. Main Findings: GST brought transparency in the tax system and it also eliminated the multiple taxes, which ultimately increases the final prices. This study revealed that GST would make Indian handicrafts more competitive in the domestic and foreign markets. GST is fiscal tax reform which helps in the sustainable development of Indian handicrafts. This research study found that the handicraft sector of India became more organized, centralized, and regulated after the implementation of Goods and Services Tax. The implication of the study: GST implemented on July 01, 2017 with the aim of simplification of the tax system, fiscal structure, United Indian Market, and sustainable development in India. It is a comprehensive value-added tax which merged different taxes including VAT, service tax, surcharges, CST, etc. This study can be useful for future researchers, traders, and exporters to know the implication of GST in the handicraft sector. Traders and exporters can get knowledge about the GST, tax rates, and exports under LUT/ bond. This study may be benefited to the Government for further development in GST as per the findings of this study. Novelty/Originality of this study: GST is new tax reform in India, only a few studies have been done on it. As per the researcher ’ s best knowledge few studies have been carried out on GST and handicraft sector, but none of the study is carried out on this topic. This study highlights the unrevealed facts and figures about the role of GST in the sustainable development of the handicraft sector.

scholarly journals Sustainable Development Goals Localisation in the Hospitality Sector in Botswana and Zimbabwe

2021 ◽  
Vol 13 (15) ◽  
pp. 8457
Author(s):  
Kaitano Dube
Keyword(s):  
Sustainable Development ◽  
Continuous Monitoring ◽  
Sustainable Development Goals ◽  
Hotel Industry ◽  
Secondary Data ◽  
Preliminary Evidence ◽  
Tourism Industry ◽  
Annual Reports ◽  
Development Goals ◽  
Hospitality Sector

Many countries have fronted tourism as a tool for achieving Sustainable Development Goals (SDGs) in their voluntary national reviews. Nevertheless, very few studies have examined how the tourism industry has been localising SDGs. Therefore, this study is borne out of that knowledge gap. A qualitative approach comprising the use of primary and secondary data from integrated annual reports was adopted. The study found some progress made by hotel companies in localising SDGs. It emerged that Cresta Hotels and the African Sun group of hotels are only at the inception stage of SDG localisation, focusing on several SDGs that respond to the socio-economic and environmental demands of the environments they work in. Given that most of the work under the SDGs only began inception between 2018 and 2019, there is still a long way to go before meaningful progress can be reported regarding SDG localization, with preliminary evidence showing that the hotel industry is likely to have made significant inroads when the SDGs lapse in 2030 if their efforts are not disturbed by the COVID-19 pandemic. The study recommends continuous monitoring and support for the sector as the SDG framework offers a better and more focused sector to achieve sustainable and responsible tourism in Zimbabwe and Botswana.

scholarly journals Evaluating Nigeria’s Achievement of the Millennium Development Goals (MDGs): DETERMINANTS, DELIVERABLES, AND SHORTFALLS

2016 ◽  
Vol 4 (4) ◽  
pp. 656 ◽  
Author(s):  
Anuoluwapo A. Durokifa ◽  
Babatunde Moshood Abdul-Wasi
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Millennium Development Goals ◽  
Sustainable Development Goals ◽  
Good Governance ◽  
Secondary Data ◽  
Accelerate Development ◽  
Development Goals ◽  
Developmental Policies

Millennium Development Goals (MDGs) was implemented in 2000 ostensibly to accelerate development within its 15 years plan of action. In the credence of this notion, Nigeria was one of the early countries that adopted the rational policy. Prior to the introduction of MDG, the country had implemented diverse developmental policies which are said not to have delivered the expected dividend. Hence, no sooner, the MDGs came to an end; the impulse of another developmental goal became necessary. Sustainable development Goals (SDGs) succeeding MDGs reiterates questions such as, how well did MDGs perform in developing countries? Where the aims of the MDGs met? If MDGs struggle to achieve 8 goals, how possible will SDGs 17 goals be realized? It is in this light, that the study using secondary data evaluate the MDG era in Nigeria, how far and how well they achieved their set target. The study suggests that although MDGs era in Nigeria recorded slight progress with regards to targeted goals, it did not meet the required plausible targets. Hence, as a very effective way of achieving sustainable development, the study recommends good governance and prioritizing of goals according to the country needs.

scholarly journals The Gender STEM Gap and Its Impact on Sustainable Development Goals and the Big Four Agenda in Kenya: A Synthesis of Literature

2020 ◽  
Vol 4 (1) ◽  
pp. 1
Author(s):  
Jane Amunga ◽  
Amadalo Maurice Musasia
Keyword(s):  
Sustainable Development ◽  
Role Models ◽  
Sustainable Development Goals ◽  
Secondary Data ◽  
Women In Stem ◽  
Women's Participation ◽  
Vision 2030 ◽  
Mental Abilities ◽  
Development Goals ◽  
Big Four

Women have made significant progress in education through marked increase in enrolment. However, the same zeal has not been demonstrated in STEM based subjects and careers. The gender STEM scale still tips in favour of men in many countries across the world. This imbalance in the STEM fields owing to dominance by men is what creates the STEM Gap. In this paper, we synthesize literature and secondary data to show these disparities. We appreciate that STEM gap drivers are numerous and therefore zero in on what we consider the critical STEM gap drivers with respect to Kenya. We identify and succinctly discuss these critical drivers which are: self-concept and lack of resilience, teachers’ and parental expectations, role models and stereotyping, work environment and family obligations and finally weak scholastic performance. We also assess how this gender STEM gap is likely to affect the achievement of a number of Sustainable Development Goals (SGDs) and the Big Four Agenda and in the process, steer the country away from the path of industrialization envisaged in Vision 2030. We explain why it is important to mitigate the STEM gap and get more women in STEM. We recommend that, parents should deconstruct their own stereotypes; teachers should debunk the myth about STEM being the preserve of superior mental abilities that girls lack, students should acknowledge that STEM drives the economy and opens up employment opportunities, institutions should have a STEM endowment fund and industries should institute policies that enhance retention of women in STEM careers. It is expected that these if addressed should enhance women’s participation in STEM based subjects so that they can build careers in STEM.

scholarly journals Rural Tourism within the Sustainable Development Goals: the Case of Ukraine

2021 ◽  
Vol 95 ◽  
pp. 01004
Author(s):  
Hanna Shevchenko ◽  
Mykola Petrushenko
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Value Added ◽  
Graphical Analysis ◽  
Rural Tourism ◽  
Inclusive Development ◽  
The Sustainable Development ◽  
Green Tourism ◽  
Development Goals

Research background: rural tourism is an economic and environmental activity that fits harmoniously into the concept of sustainable and inclusive development. In Ukraine, it is called rural green tourism, but in practice not all aspects of it can meet the Sustainable Development Goals 2030. Purpose of the article: to analyze the relationship between the structures of the rural tourism goals and the SDGs, to demonstrate the evolution, possibilities of the development on the example of Ukraine’s rural tourism, especially in the framework of the European Green Deal. Methods: factor analysis – when studying the structure of the rural tourism goals and the factors that affect it, as well as when comparing it with the structure of other sustainable activities; elements of graph theory – in the graphical analysis of the Sustainable Development Goals decomposition in their projection into the plane of rural tourism. Findings & Value added: the structure of the rural green tourism goals in Ukraine have been harmonized with the Sustainable Development Goals 2030. Sustainability factors have been identified that allow the tourism and recreation sphere in the medium and long term perspective not only to form a competitive market for relevant services, but also to serve as an important component of the inclusive development. Factors of tourism sphere transformation due to the coronavirus pandemic are taken into consideration. The concept of the phased programming in sphere of rural tourism in Ukraine within the framework of the European Green Deal 2030 and 2050 has been improved.

Administrative and Compliance Costs of Value Added Tax (VAT): A Review

2021 ◽  
pp. 097226612110588
Author(s):  
S. Vishnuhadevi
Keyword(s):  
Small Businesses ◽  
Tax Compliance ◽  
Value Added ◽  
Operating Costs ◽  
Tax Revenue ◽  
Compliance Cost ◽  
Compliance Costs ◽  
Factors Associated ◽  
Administrative Costs ◽  
Decision Factors

This article surveys the existing literature on the compliance and administrative costs of VAT incurred by the businesses and the governments respectively. The review focuses on the concepts and components of VAT operating costs, the link between the tax compliance costs and the tax compliance decision, factors associated with compliance costs and the steps taken by various countries to mitigate these costs. The major studies of VAT compliance cost since 1980 and the methodologies adopted are summarised. The review of the studies shows that the VAT compliance costs are higher and significant in both absolute money terms and relative to tax revenue in developed as well as developing countries than the administrative costs and the compliance costs are highly regressive in nature which disproportionately affects the small businesses. Further, the psychological costs are underexplored in the VAT compliance cost literature due to the difficulty in measuring them. This article also highlights the understudied area of VAT compliance costs in India and the importance of exploring the compliance burden in India.

Sustainable Financing through Domestic Resource Mobilization (DRM)

2018 ◽  
pp. 514-535
Author(s):  
Francesco Seatzu
Keyword(s):  
Economic Growth ◽  
Sustainable Development ◽  
Poverty Alleviation ◽  
Addis Ababa ◽  
Developed Countries ◽  
Resource Mobilization ◽  
Development Goals ◽  
The Relationship ◽  
Domestic Resource ◽  
Sustainable Financing

Domestic resource mobilization (DRM) has assumed increasing significance as a form of financing for sustainable development and economic growth in Africa. This chapter explores the present and future roles of international law concerning the regulation of this form of financing for sustainable development and economic growth in Africa, as well as the main obstacles and challenges of mobilising DRM in African developing and less developed countries. While there is a wide array of questions and issues related to this form of financing for development that international conferences and summits, in particular the Monterrey Consensus on Financing for Development and the Addis Ababa Agenda for Action, have addressed in various forms and with different emphasis and results, the chapter focuses exclusively on some substantial issues, such as the use of DRM for the financing of the new Sustainable Development Goals and the relationship between DRM and poverty alleviation actions and strategies.

Tax Abuse and Implications for Human Rights in Africa

2019 ◽  
pp. 189-208
Author(s):  
Annet Wanyana Oguttu ◽  
Monica Iyer
Keyword(s):  
Human Rights ◽  
Multinational Enterprises ◽  
Tax Reform ◽  
Tax Avoidance ◽  
International Taxation ◽  
Fair Share ◽  
Profit Shifting ◽  
African Countries ◽  
Tax System ◽  
Development Goals

This chapter analyzes whether the international tax reform measures instituted under the Organisation for Economic Co-operation and Development’s (OECD) Base Erosion and Profit Shifting (BEPS) Project are effective in ensuring African countries get a fair share of taxes from multinational enterprises (MNEs) transacting within their borders, so that they can finance their development goals and promote the human rights of their citizens. The OECD chose to focus on curtailing sophisticated tax-avoidance schemes by strengthening existing anti-avoidance provisions. MNEs have abused these existing laws, however, making them largely ineffective. Given that MNEs are always a step ahead in devising new tax-avoidance strategies, one wonders whether emphasis on strengthening anti-avoidance laws will achieve much. The OECD seems to have missed an opportunity to evaluate the whole tax system and deal with the very root of the problems inherent in international taxation.

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