Question
Under which act are hawala transactions prohibited in
India?Solution
Hawala, as it is referred to in the Middle East and South Asia, was commonly used before the advent of modern western banking services. It is essentially an alternative remittance system that facilitates a transfer of money across international borders.
According to the Companies Act which of the following statement is true regarding set-off against subsequent calls in a company when all creditors have ...
Under AS 6, which of the following cannot be considered a method of depreciation?
How much deduction under section 80TTA of Income Tax Act is allowed?
Which of the following items cannot normally be reduced to generate short-term internal funds for a company?
What is the role of a Ceding Company in insurance?
Which of the following is NOT a best practice under Green Computing?
Calculate the inventory turnover ratio:
SA 500 deals with which of the following?
In international wire transfers, which role does a SWIFT Code play for the sender and the beneficiary?
In India, the GST is based on the dual model GST adopted in:
