26 January 2008
HI friends, i come across many times with ECONOMIC BENEFITS and ECONOMIC DECISIONS. can anyone explain me with example the above 2 words?
29 January 2008
Economic benefits are the anticipated or actual befits, as the case may be, of the proposed or implemented Economic decisions.
The first is the effect the second is the cause.
Example: Levy of educational cess is a decision based on the economic decision that such cess can be pooled and utilised to provide facilities for education of all people. The economic benefit of such a levy and proper utilisation will enable people to get quality education and improve their capacity to give value added service to the nation.
CAclubindia
