Prabin Kalikote

The type of tax are:
-Directtax.
-Indirect tax.

Tax is the money charged by the government to every citizenand revenue is the total money that the government earnsfrom various source. Tax is the main source of revenue.

The advantages of co-operatives are:
- Formation of cooperative organization is easy.
-One caneasily become a member of a co-operative.
-Co-operatives are made for imparting social services.
-A cooperativedoesn't need to pay any taxes.
-Every members have equal right in cooperative.
-It acceleratesthe economic and social development.

Cooperatives is an independent association of peopleunited for the meeting of their own needs andrequirements. It helps its shareholders to be financiallyenabled and increase productivity. In case of farmers,manyfarmers are economically weak and cannotmake the investment in the desired sector. Butagricultural cooperatives helps these farmers to beunited and work together for the fulfillment oftheir requirements with the common efforts.Therefore,agricultural cooperativesare boon for the...

The types of co-operatives found Nepal are:

- Worker's co-operative:
The co-operative organizationestablishedby the workersof any organizationis worker's cooperative. In a worker's co-operative,there are no any outsiders meaning only workers own the shares of the association.

The advantages of insurance are:
-It provides safety and security enabling financialsupport.
-Premiumthat insurance generates can be used ingovt. securities and stock.
-Life insurance provides mode of investment.
-It enables to mitigate loss, financial stability,promotes trade and accelerateseconomic growth.
-Medical insurance provides medical support to the insured.

Insurance is the means of protection from financial loss.The insurer and insured should have faith over eachother. As a client, it is the duty of the insured todiscloseall the facts to the insurance company. Anyfraudson distortion of facts can resultsin cancellation ofthe contract. So, faith ismost in insurance.