Author: Karthikh Venks

GST Law – Top 30 Advantages and Disadvantages
LAW

GST Law – Top 30 Advantages and Disadvantages

Indian constitution defines tax almost similarly and has more than twenty-five direct and indirect taxes. There are different taxes imposed by state governments and the central government, separately. So many taxes surely had chances of non-compliance and formulating a single tax across the country was the need of the hour. This imperative necessity gave birth to GST- Goods and Service Tax. So here, this article deals with the advantages and disadvantages of GST. “Tax” is levied as a compulsory financial bill on individuals or legal institutes by a state or equivalent to meet public expenditure. You are acquainted with various taxes like – income tax, property tax, sales tax, and service tax. Across the globe every country has its set of rules and guidelines for tax payment. This has to...
Advantages and Disadvantages of Capital Punishment
LAW

Advantages and Disadvantages of Capital Punishment

Capital punishment is an issue of an on-going controversy in various states and countries, and the stances of governments on this matter can vary within a single region. The public opinion on capital punishment differs a lot by the nature of the crime and the country in question. The suitability of this punishment is a topic of heated arguments with each person having their viewpoint. The question remains that if a person commits such a brutal crime, should the punishment be similar, or is this going way beyond the lines of humanity? What is Capital Punishment? Capital punishment or the death penalty is a state-sanctioned form of punishment where there is the execution of someone for a specific crime after they are given a proper legal trial. It is usually used as a punishment for heinou...
Top 10 Pros and Cons of Buying a House
Finance and Business, Pros and Cons

Top 10 Pros and Cons of Buying a House

Buying a house is one of the biggest financial commitment that a lot of people undertake. There is a constant dilemma between whether to rent a house or to actually buy it. When deciding to rent or buy a great house, there are many things to be taken into consideration. A large number of people have been renters all their lives, but are now ready to take the big leap and become a home-owner. Despite the big picture of the socio-economic forces affecting home-ownership rates, determining when and if one wants to purchase a house is a personal interest that depends on careful consideration. Ultimately, this decision generally may vary from market to market. If you are a renter who is interested in buying a house, or a house-owner wondering if renting a home makes more sense, it is time to...
The Best 10 Advantages and Disadvantages of Climate Change
Nature

The Best 10 Advantages and Disadvantages of Climate Change

We are witnessing a global climate change that has had devastating effects on the environment. An increase in sea levels, natural disasters, the threat to food production, and shifting weather patterns are only some of the consequences of this phenomenon. Any change in the weather conditions of a place that is apparent for a long time is called climate change. This could be a change in the usual temperature for a particular time, rain or snowfall patterns obtained in a month, and so on. Many reasons are behind this are volcanic eruptions, the difference in radiation falling on Earth, etc. Many activities of man are also believed to result in a change in climate. It is observed that our planet’s temperature has increased by two degrees Fahrenheit in the last hundred years indicating that...
Informative Advantages & Disadvantages of Arbitration (ADR)
LAW

Informative Advantages & Disadvantages of Arbitration (ADR)

Arbitration is a form of alternative dispute resolution (ADR). It is among different types of dispute resolution techniques that act as a means for different disagreeing or contesting parties to come to an agreement without resorting to litigation. It is adapted to not only help settle disputes but also to ease the burden of the court system itself. So let us look at the advantages and disadvantages of arbitration. WHAT IS ARBITRATION? The settling of a dispute between two parties by taking the help of an arbitrator is called arbitration. A person comprising a group of people chosen to settle the dispute is an arbitrator. According to the World Intellectual Property Organization, arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbit...
Prostate Cancer Treatments : Best Pros and the Cons List!
Health, Pros and Cons

Prostate Cancer Treatments : Best Pros and the Cons List!

The pros and cons are listed in this prostate cancer article. The prostate gland is the size of a lemon fruit. This is an exocrine gland that is below the bladder and in front of the rectum. The prostate glands monitor the urine and the secretion of semen that comes out during orgasm. The fluid of the prostate glands helps to supply nutrition to the semen to enable it to perform its activities better. At the time of orgasm, a milky white substance is produced that tends to protect the semen and the sperms travel in it. The contractions force the prostate to move the liquid to the urethra along with the sperms at the time of intercourse. Besides this, the prostate glands also help in controlling the urine output from the body by contracting and expanding whenever necessary. Prostate canc...
Advantages and Disadvantages of Video Conferencing
Technology

Advantages and Disadvantages of Video Conferencing

The dynamics of a workplace is in transition increasingly. With new technological innovations, we have had to navigate working digitally as well. One of the many things that are quintessential with meetings is video conferencing. Here are the advantages and disadvantages of video conference calls. What is Video Conferencing? Video Conferencing is the technology where a conference is conducted with two or more people at multiple locations for the purpose of communication. In other words, people participating in a video conference can see and hear each other through video and audio transmissions. This visual communication tool is used for increasing efficiency mostly in businesses to optimize and accelerate decision-making processes regardless of the participants' locations.  There are ...
Limited Liability Partnership (LLP) – Advantages and Disadvantages
Finance and Business

Limited Liability Partnership (LLP) – Advantages and Disadvantages

It has been increasingly observed that entrepreneurs have started opting for limited liability partnerships(LLPs). This combines the characteristics of both - a corporation and a partnership. So let us discuss some of its advantages and disadvantages. What is a Limited Liability Partnership? A limited liability partnership or an LLP is an alternative corporate business form.  It gives the benefits of limited liability of a company and the flexibility and ease of a partnership. In other words, some or all partners of an LLP have limited liabilities. Also, it continues to function even if the partners change. It includes some rights and duties for the partners which are regulated by an agreement between the partners. An LLP is a separate legal entity, liable to the full extent of its asset...