Question
A customer purchases a general insurance policy covering
fire and burglary. The insurer charges a premium of ₹50,000 for the annual coverage. As per prevailing GST rules, what rate of GST is applicable, and what is the total premium including tax payable by the insured?Solution
GST on general insurance premium is 18%, so GST = 18% of 50,000 = ₹9,000; Total payable = ₹59,000
Which of the following Schedules of the Companies Act, 2013 deals with the format for the preparation of financial statement of a company?
An absconder’s property is sold after how many months after attachment of his property?
...As per the Code on wages, 2019 no employer shall pay to any employee wages _______________
A mortgages to B a certain field bordering on a river. The field is increased by alluvion. B is:
Which doctrine provides precedentiary value to the Judgments?
The term criminal conspiracy as per IPC means when two or more persons agree to do or cause to do_____________________
The state shall provide free and compulsory education to all children of the age:
Under section 17 of The Probation of Offenders Act, 1958, rules can be framed by:
In which of the following instances may a separate fund be constituted by a Registered Trade Union?
“doli incapax” is a word used for?
