Application for leave ( Official Letter)

Date: …………….

To,

The Chairman and Managing Director,

……………………. Pvt. Ltd.,

…….. , Kathmandu, Nepal

Subject: Application for leave.

Dear Sir,

Respectfully stating that I, Ram Sharma, an employee of your office serving as an Accountant. I write this application to request you to grant me ….. days leave from office, as I shall not be available for official services from ….. to ……. because of my sickness.

I request you to grant my leave request.

Thank you.

Yours Sincerely,

Ram Sharma

Accountant

……………… Pvt. Ltd.

Characteristics of good tax system. (Canons of taxation)

Tax is an effective fiscal tool to influence the economy. It has also certain norms which have to be followed to make it more effective and popular. That state is a welfare state which imposes less amount of tax and collects more amount of revenue. So the tax should be effective. A good tax system should help to establish fair income distribution and socio-economic stability. According to Adam Smith, "A tax is a contribution from citizens for the support of the state." Adam Smith has given the most comprehensive and exhaustive concept of a good tax system which is known as the canon of taxation. 1 Canon of equity A good tax should be based on the ability to pay principle of taxation, and it has to assure social justice to all taxpayers. In general, in this canon of equity, everybody must be treated equally for tax or according to capacity or ability they should pay the tax and unequal must be treated unequally....

Teej : The Most Awaited Festival for Nepalese Women

Written By: Jaya Silwal Red, green and yellow, these are the only colors that can be seen everywhere; mostly dominated by the color red. Teej is the name of a red insect that comes out on the surface during the rainy season. The festival is said to have got its name from that very insect. That must be the reason why the whole town seems to be painted red that day. Metaphorically, you can see all the women and girls of all age groups on the streets enjoying the festival that it's not less than painting the town red. To those who don't have any idea, Haritalika Teej is one of the most-awaited and celebrated festivals of Hindu women in Nepal. This festival mostly falls on the 3rd day of Bhadra Shukla Pakshya according to the Nepali Lunar Calendar. It is a three-day-long celebration with the aim to increase the happiness, peace, prosperity, family harmony and the long life span of women's husbands or beloved. Traditionally, this festival is dedicated to Go...

Concept, meaning and function of Money

Concept and meaning of Money In general money simply refers to the currencies (notes, coins), produced by central bank of the nation. But in subject of monetary economics and financial and public economics, the concept of money isn’t this simple. Many arguments or views are given by different economists regarding the money. We considered here definition by some of the authors "In order for anything to be classed as money, it must be accepted fairly widely as an instrument of exchange." - A C Pigou. "Money is anything that is habitually and widely used as means of payment and is generally acceptable in the settlement of debts." - G D H Cole. "Money constitutes all those things which are at any time and place, generally current without doubt or special enquiry as a means of purchasing commodities and services and of defraying expenses." - Alfred Marshal By money is to be understood "that by delivery of which debt contracts and price c...

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