Question
The cont ributions towards NPS Vatsalya have tax benefit
for up to ______ per financial year . ÂSolution
The NPS Vatsalya scheme was announced in the Union Budget of 2024-25. It is a saving-cum-pension scheme for all minor citizens (under 18 years of age). The details are as follows: Â 
SA 315 requires understanding the entity and its environment, including internal control, to identify risks of material misstatement. A new auditor is e...
Uncalled liability on shares and other partly paid investments will be shown under _______ head according to schedule III of Companies Act 2013.
Mr. Arjun earns ₹12 lakh as salary and has invested ₹1.5 lakh in PPF. He also pays ₹30,000 as health insurance premium for himself and ₹50,000 f...
Which of the following is not an accounting equation?
A company has ₹10,00,000 10% Redeemable Preference Shares. These are redeemed at 10% premium out of fresh equity issue of ₹6,00,000 and balance from...
What is the provisioning requirement on a loan classified as a standard asset and given to an MSME enterprise?
Mr. Rohit and Mrs. Rohit hold 20% and 30% equity shares in Virat Ltd., respectively. They are employed in Virat Ltd. (taxable salary being ₹2,20,000 p...
A company has a Net Operating Profit After Tax (NOPAT) of ₹60 lakh. Its total capital employed is ₹400 lakh and Weighted Average Cost of Capital (WA...
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
After providing for ___________, Declaration of Dividends for the current year is made.
