Question
With respect to the Direct Tax Proposal under Union Budget 2023-24, consider the following statement:
With respect to the Direct Tax Proposal under Union Budget 2023-24, consider the following statement:
I. 45% of the returns on tax payers' portal were processed within 48 hours.
II. Average processing period reduced from 93 to 16 days in 8 years.
III. Processed more than 6.5 crore returns this year. Which of the above statements is/are not correct?
More Banking System in India Questions
- W Ltd. issued 8,000 shares of Rs.10 each at per. Amount called up Rs.4 on application, Rs.3 on allotment and Rs.3 on first and final call. Mr. R, a shareho...
- According to the IFSCA (BATF) Regulations 2024, how much office space must a BATF Service Provider allocate per employee in t he IFSC?
- Which of the following instruments is mandatorily redeemable and cannot be converted into equity?
- With respect to the Expenditure Budget, which of the following does not come under the Umbrella of Centers’ Expenditure there sub-classification?
- An annuity that is bought as one nears retirement age so that the annuitant can start receiving payments as soon as the initial investment is made, is know...
- Since the pandemic outbreak, the Centre has kept the Net borrowing Ceiling of the State Governments above the Fiscal Responsibility Legislation (FRL) thres...
- Which of the following bank holds 10% state in Brickwork Ratings?
- The Reserve Bank of India advised banks to make the Know Your Customer (KYC) procedures mandatory while opening and operating the accounts. Under section 3...
- According to the April 2024 IFSCA Circular, which of the following types of trading is permitted for Remote Trading Participants (RTPs)?
- With project cost of Rs.300 lakh and cost of capital at 12%, the estimated profits over its lifetime of 5 years are Rs.10 lakh, Rs.10 lakh, Rs.30 lakh, Rs....
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)