Skip to main content

About




E
conomics related issues mainly are a focusing part of economics. It shows how the economics is related with our social life. Merely we have an idea that economics mean demand and supply at micro and macro levels and lots of calculation, but apart from this economics is a social science also. All the theories, calculation of economics are made to change our life and to find the way of uplift our society. Through this site I am trying to focus how economics is intensely related with our social life and how it helps us to improve our day today life. Through my blogs I will discuss more economics and less and simple calculation, which will help not only the economics learner but also the common people who really want to know the inner economics.

Now, I tell you about me,My name is Snigdha .I am married and we have a child. I have completed my masters in economics. After that I joined a job in the N.G.O sector, where I found how the economics is immensely related with the social life. In the N.G.O sector when I spent one month at an interior village in Westbengal, as a part of my N.G.O training, I really feel the meaning of the popular economics line “A country is poor because it is poor”.

My blogging career is not so much long. I am just a beginner blogger. I gathered my ideas about blogging from internet. I really enjoy the journey because it is the platform where you able to share your ideas with the world.

My first article in www.economicswithsnig1.blogspot.com is How gst works .In this article I try to focus on  the basic calculation part of G.S.T. You may also like my tax related articles also, like



Hope you like my site.

                                 thank you.

Comments

Popular posts from this blog

Tax and its principle

Canon of taxation A good taxation system must achieve some major objectives from the justification ground, which is able to turn the taxation system more equitable for the public and at the same time decrease inequality from the society. This principle must be fit for social welfare context also. To achieve this criteria the great economist Adam Smith suggested four important set of principle. This is popularly known as Canon of taxation.Some other economist also suggested some more canon of taxation. The major four canon of taxation which is prescribed by Adam Smith are 1) Canon of equality - taxation is not a process of collection of tax only rather it has some major objectives also. To erase inequality from the society it may takes an important steps. In realistic situation we face income is subject to diminishing marginal utility .That means if income increases the utility derived from the additional unit is decreases. In that case if same percentage of tax is applicabl...

Input tax credit

                                  After the implementation of GST it is clear to us that it is a single tax system throughout the country, replace all type of indirect taxes of states, union territories and central. In GST system there are four types of collecting tax is introduced that is SGST-tax collected by states, CGST-tax collected by central ,UGST-tax collected by union territories and IGST-collected by central government for interstate sale. That is GST eliminates the cascading of taxes that is ‘tax on tax’ system. Now the main confusion arises when the term input tax credit comes. It is closely linked with the estimation of GST system. Now, what is input tax credit? It is the credit that an individual received for the tax on the inputs used in manufacturing the product .i.e if 10% tax he paid to buy an inputs then next step when the finished product he sale, he must be subt...

Covid-19 Protection Village Level, India

Maintain Social distancing in Village level Today I am telling you some of the silent workers who help us to overcome the situation of Covid-19 during the lockdown situation in village level. During the last few years I was associated with a civil society organization of development work. During the time I used to go various remote villages in the Jharkhand region to enhance their livelihood and develop structures of institution through various programs. Here structures and organization means community based organization like Self help groups, Village organization etc. Those who are in corporate sector hardly know about these, but in the current situation these structures play a vital role throughout the country. In these community based organization (CBOs) leading role have been played by the village women. Most of the members are illiterate but the unity and activeness to do something is surprised you. On the one hand they do their daily household work on the other hand they handle t...