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Because average production of different crops as well as their average prices prevailing over the last ten years was calculated.
Mahalwari system of revenue by the British was to increase the revenue of the Government. It brought about an agrarian revolution. [ One of the consequences of the system was that the objective of village agricultural production for village used was replaced by that for the market. The mode production and produced were now determined by the new objective, that of sale. The collection of the revenue under the different system were not in the interests of the cultivators as the demand of the state went on increasing. The British policy gave advantage only to the government or the privileged sections of the society at the cost of the cultivators. One of the most important result was the creation of new form of private property which had never existed in India before this period and which benefited the government. ]
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Kerry-Lynne Findlay is the Minister of National Revenue for Canada.
No. Revenue stamps are applicable on cash payment.
Revenue is directly proportional to the production. Higher the production, more the revenue would be.
Strikes threaten industry by shutting production down for a period of time. If the workers refuse to work until their demands are met, than the company loses product, which causes loss in revenue.
A monopolist will set production at a level where marginal cost is equal to marginal revenue.
Reduce cost production
marginal cost of production
the source of revenue should be sufficient to meet the demands of public expenditure.. ---15---
Profit
A company's earnings are equal to revenue less costs of production over a given period of time.
If MR is greater than MC, the firm should increase their production. The ideal amount of production is determined by allowing the marginal cost to equal the marginal revenue.
this means that the source of revenue should be sufficient to address the demands of public expenditures.
Double- Declining- balance Method -MBA in Accounting Professor
Revenue expenditure are those for which company has spend money but not yet took the benefits of them as soon as company take benefits of those expenditure, it become expanse. For Example: Inventory purchase for 3 months of production is revenue expenditure but when this inventory utilized in production then the portion of utilized inventory become expanse.