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Start learning 50% faster. Sign in nowAs per section 16(ii), Government employees can claim a deduction for entertainment allowance by considering the lowest from the following: 20% of an individual’s basic salary Rs.5,000 Entertainment allowance amount received in the financial year This deduction is not available for individuals working in private firms or any statutory or local authorities.
What was the cumulative disbursement by IIFCL by the end of FY2023-24, as per the Annual Report of IIFCL 2023-24?
With respect to the Expenditure Budget, which of the following does not come under the Umbrella of Centers’ Expenditure there sub-classification?
What is monetary base?
Non-Banking Financial Companies (NBFCs) are the Financial Intermediaries engaged primarily in the business of
i. Accepting Deposits
ii. Le...
What key technology is recommended by the IFSCA Circular (January 8, 2024) for real-time tracking and transparency in cross-border payment processing?
What was the Gross Non-Performing Assets (GNPA) ratio of Scheduled Commercial Banks (SCBs) as of March 2024 as per the economic survey 2023-24?
The cost of equity share capital is greater than the cost of debt because_________.
The Annual Financial Statement distinguishes the expenditure on which of the following account from the expenditure on other accounts, as is mandated in...
What percentage of their total outstanding advances, are RRBs to lend to the sectors eligible for classification as priority sector lending and sub sect...
ABC Ltd purchased an asset of Rs.70 crore. As on date of purchase, 1 USD was equivalent to Rs.70. the company paid after a year when the exchange rate c...
