ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE
PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE
TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO
PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN
CALL: 08068231953, 08168759420
THE IMPACT
OF INDUSTRIALIZATION ON ECONOMIC GROWTH IN NIGERIA (1980-2010)
ABSTRACT
This impact
of Task incentives of Economic and industrial development of Enugu state
Intends to examine the extent individuals ad companies have been responding to
the incentives scheme. How these incentive have been stimulating and motivating
these bodies on employment opportunities. The researcher intends to examine
also how these incentives have been helping existing industrials and companies
in expanding their areas of operations in Enugu ad to know if the expected
result of these incentives are achieved by the firms who benefit from these
relives. Some of the factors which have motivated the researcher in this study
include: weakness of the firm to respond to the desired objective, lack of
awareness and the aims for granting the relief in adequacy of incentives to
sustain the desired development. In this work, the researcher looked into
textbooks journals, articles and administered questionnaires to practicing
personalities which include tables were used in analyzing the data collected,
it was revolved that more than 50% of the firms and individuals studied are
aware of the incentive. A good number of them did not go into production,
because of the incentives and more than 50% suggested that more incentives
should granted.
CHAPTER ONE
INTRODUCTION
The mode by which economic and
industries can be effectively and efficiently developed have a problem. As a result, government charges less tax in
order to encourage investments and activities in those areas which helps to
improve the production capabilities, active economic growth as well as
allocation of resources in social desirable manner.
Tax incentive is the use of government
spending and tax policies to influence the level of national income. Taxation itself is the process or mean by
which communities or group are made to contribute part of their income for
purpose of administration of the society.
This measure will encourages new
enterprises to spring up. Thereby
reducing profit task which encourages production to curb unemployment. Government should provide employment
opportunities, to improve our economy.
The government infrastructure facilities
such as roads, water supply, electricity hospital etc more reallocate resources
to the public sector charging mix input.
By borrowing rather than taxing, the federal government has a better
chance of expanding investment spending which is essential to enlarge our
production possibilities and attaining increase in standard of living.
In order hand, these incentive can be
targeted on low income earners. This will normally increase their saving which
is necessary for higher investment.
Tax
incentive also create employment opportunities people which help to fight
depression, inflation thereby increasing distribution of income and wealth.
STATEMENT OF
THE PROBLEM
This impact of tax incentive on economic
and industrial development using Enugu state as a case study although there are
many advantages got were tax incentives are use for economy and industrial
development most task experts, consultants individuals and economic analyst
ignored or criticized tax incentives
because of the following.
1. the impact of incentives are not effective in
the economy
2. The exemption privilege not granted to all
firms in an industry which place some companies at a competitive disadvantage
3. Many management of firms, companies lack
awareness of the incentive
4. The incentive granted are not adequate to the
development and growth of industry
5. Unwillingness of some companies and
individuals to claim the incentive. This
is because they do not understand the role.
PURPOSE OF
THE STUDY
Tax
incentive is a strong fiscal measure or policy which can stimulate investment
and savings leading to capital information.
This capital acquisition can be
used productively in economic and industrial development of companies and
individual can use them effectively. In
deciding if these incentives can stimulate the companies and individuals to
invest in the economy. One basic fact is
this whether the company individual concern decided to go into business because
of tax incentives offered. In this study
the researcher intends or companies,
have been responding intend or companies, have been responding to incentive
scheme how these incentive have been stimulating and motivating these bodies to
establish industries, which will create employment opportunities.
Moreover, he researcher intends to examine how these
scheme has been helping existing industries and companies in expanding their
areas of operation in Enugu
RESEARCH
QUESTIONS
1. Can these tax incentives attract
foreign incvestors in Nigeria via – Enugu state?
2. Are the existing tax incentive
adequate for development?
3. Are those incentives claimable by the
companies?
4. Do these incentive stimulate
individuals to establish new enterprises?
5. Do these tax incentives induce the
existing industries in Enugu to pursue vigorous policy expansion.
SIGNIFICANCE
OF THE STUDY
Tax incentive scheme is an economic policy which exist among many
other competing alternatives. The scheme
may be an inducement towards rightful investment, securing proposal on private
investors lay behind, it then follows that if the schemes is a pale shadow for
pilling stock of profitable that the benefits expected from these incentives
should be able to justify the cost.
a. As a result of creating many
industries and subsequent expansion of existing ones, it standard of living of
the populace will increased.
b. Tax
incentives will helps in small scale industries which will subsequent
expansion of existing one’s the standard of living of the populance will be
increased.
c. Tax incentive scheme leading to
diversification will be also result in increasing Urban and rural
development. It is the intention of the
researcher to look into ways and extent the existing tax incentives are being
used by entrepreneurs in setting up industries establishment in Enugu State.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following
instructions and information if you will like to order/buy our complete written
material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount
(#5,000) into our bank Account below, send the following information to
08068231953 or 08168759420
(1) Your project
topics
(2) Email
Address
(3) Payment
Name
(4) Teller Number
We will send your material(s) after
we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
AFFILIATE
Comments
Post a Comment