Question
In the Union Budget 2024-25, the government reduced the
corporate tax rate on foreign companies to encourage FDI. What was the revised corporate tax rate for foreign companies? Read the following passage and answer the following question (Q18 to Q20). The Union Budget 2024-25 introduces various measures to drive India's economic growth, focusing on areas such as rural development, agriculture, and employment generation. One of the significant policy changes includes an emphasis on enhancing the infrastructure in rural areas through public-private partnerships, while another focuses on creating a robust digital ecosystem for governance and financial inclusion. Additionally, the government has outlined reforms to improve the efficiency of public spending, with special provisions for the agriculture sector. Employment-linked incentive programs are also being launched to support youth and promote workforce participation, especially in underserved regions of the country. The budget also touches on tax reforms aimed at simplifying compliance for individuals and corporations, ensuring that the burden of taxation is equitably shared while promoting growth and investment. Further investments in research and development, especially in clean energy, are expected to generate new opportunities for innovation and employment.Solution
The corporate tax rate on foreign companies was reduced from 40% to 35% in the Union Budget 2024-25, a measure designed to attract foreign direct investment (FDI) into India.
The difference between the value of the number increased by 10% and the value of the number decreased by 20% is 72. Find the number.
A bakery produced 12000 items, of which 30% were cakes and the remaining were pastries. If 90% of the cakes produced and 60% of the pastries produced we...
84 is what % of 120?
A company has a certain number of employees. Initially, 60% of the employees were assigned to the research department, 20% to the marketing department, ...
Neha earns 30% more than Sneha. Neha saves 40% of her salary, while Sneha saves 10%. If the difference in their spending is Rs. 720, what are Neha’s t...
'P', 'Q', and 'R' appeared in an exam. 'P' scored 60% marks in an exam which was 90 more than passing marks. Whereas 'Q' scored 50% marks in the exam wh...
- Aman spent 25% of his income on groceries and out of the remaining amount, he spent 30% on leisure activities, 20% on utilities, 10% on rent, and saved Rs....
Monthly income of A is Rs. 12000 and he saves 44% of his monthly income. If monthly expenditure of A is decreased by 35% while his monthly savings is in...
If 64% of (P - Q) is equal to 20% of 80% of (P + Q), then find the value of Q:P.
In a given years, A sold 1900 caps while B sold 50% more number of caps than A and C sold 20% less number of caps than B. Find the ratio between the num...
