Question
Loans up to how much qualify as micro loans under the
Credit Guarantee Fund for Micro Units (CGFMU)?Solution
CGFMU supports MUDRA loans and covers loans up to ₹20 lakh to encourage banks and NBFCs to lend to small units without requiring collateral.
When is revenue from construction contract recognised under Ind AS when outcome cannot be estimated reliably?
Opening Stock          ₹ 17,000
Purchases              ₹ 61,400
Direct Expenses  �...
What is the limit amount for deduction in respect of Medical/Health Insurance Premium under Section 80D of the Income Tax Act, 1961?
What method is used to calculate the Sensex and Nifty indices in India?
Every supplier shall be liable to be registered under Central Goods & Services Act, 2017 in the State or Union Territory, other than special category St...
A company has Net Profit before tax = ₹15,00,000. Depreciation charged = ₹2,00,000. Loss on sale of machinery = ₹50,000. Increase in Debtors = ₹...
Which of the following categories of inventory are generally reported by companies in their financial statements?
According to Payment of Bonus Act 1965, what is the minimum bonus in case of an adult payable?
The UTGST Act, 2017 is applicable to Union-Territories except:
Which form is used for preparing the Profit and Loss Account of an General insurance company under the IRDA Regulations, 2002?
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