Question
What is the rate of Tax Deduction at Source from
insurance commission? (Commission amount is ₹20,000 and assessee is an individual)Solution
Section 194D is applicable for all such payments made to a resident whether they are an individual, company or any other category of persons. The rate of TDS in case of Domestic companies is 10% whereas for persons other than company is 5%, however no TDS is required to be deducted if commission paid does not exceed Rs.15,000.
Which of the following Statements is/are True?
I- A Producer Organisation (PO) is a legal entity by Primary Producers.
II- The role of FPO...
The total cost of the eight high-speed road corridor projects approved by the Union Cabinet is:
What is the main objective of the recently launched National Edible Oil Mission-Oil Palm (NMEO-OP)?
What is the primary objective of the Smart Cities Mission in India?
Which of the following is not of the eligibility criterias to become a beneficiary of Pradhan Mantri Matru Vandana Yojana (PMMVY)?
Which of the following Statements is/are True?
I- WHO is an independent agency owned by some of the top pharma companies across the globe.
Which primary objective of the Pradhan Mantri Ayushman Bharat Yojana aims to alleviate the financial burden of healthcare on low-income households?
Which of the following States have achieved the target number of registrations on e-Shram Portal?
I- Odisha
II- Uttar Pradesh
III- ...
The First Industrial Policy of Independent India was announced in ___________________.
...Which of the following can be the features of a Green Economy.
I- low carbon
II- resource-efficiency
III- social Inclusivity