Tuesday, October 4, 2022

Economics

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Economics

Top 10 Major Economic Problems Facing Nigeria (2022)

From underdevelopment to lack of proper infrastructures, these and many others are the significant economic problems facing Nigeria as a country. With the country...
bank-account

Bank Account: Meaning and Types

A bank account is the arrangement made with a bank which enables one to deposit and withdraw money and in some cases, be paid...
wages

Wages: Definition, Types, Wage Determination

Wages are rewards paid for the services of labour. That is to say, the amount paid to labour for the services it rendered during...
taxation

The Nigerian Tax Law: All You Need Know

Collecting taxes are one of the ways government generates revenue for carrying out it assignments. People in the developed world know the importance of...
taxation

Indirect Taxes: Types, Advantages and Disadvantages

Indirect Taxes are taxes levied on locally made, imported and exported goods and services. These taxes imposed on goods and services are layer on transferred...
taxation

Forms of Tax: Advantages and Disadvantages

There are two major forms of tax. Direct and Indirect taxes. Direct tax is collected directly from individuals and profits of companies. The profit...
taxation

Reasons For The Imposition of Taxes by the Government and the Economic Effects of...

Reasons For The Imposition of taxes by The government There are various reasons for the imposition of taxes by the government and we shall...
taxation

Taxation: Features, Principles of Good Tax System

Tax may be defined as a compulsory contribution contribution imposed by a government authority on goods, individuals, corporate bodies, etc, irrespective of the exact...
Economics

Basic Economic Problems of Society Explained

Every society irrespective of the type of economic system adopted; whether capitalism or socialism, is faced with the following basic fundamental economic problems: What To...
budget

Budget: Types, Revenue and Expenditure

A budget may be defined as a financial statement of the total estimated revenue and the proposed expenditure of a government in a given...
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