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Section 194R – TDS on benefit or perquisite of a business or profession New section 194R is being introduced to provide that the person responsible for providing to a resident, any benefit or perquisite of a value more than INR 20,000 , whether convertible into money or not, arising from carrying out of a business or exercising of a profession, by such resident, shall, deduct TDS @ 10% on such benefit or perquisite. The provisions of the said section shall not apply to an individual or a Hindu undivided family , whose total sales, gross receipts or turnover does not exceed one crore rupees in case of business or fifty lakh rupees in case of profession during the financial year immediately preceding the financial year in which such benefit or perquisite, as the case may be, is provided. This amendment will take effect from 1st July, 2022 .
The df value for a chi-square for is based on-
Which of the following is not an instrument of Monetary Policy?
Walraw’s Law states the following:
Match the following
A. Modigliani I. Liquidity Trap
B. Hicks ...
At pointA, inflation is equal to the underlying rate of inflation and output is at the level of output consistent with the equilibrium unemployment rate...
The mean and median of 100 observations are 50 and 52 respectively, the value of the largest item is 100. Later it was found out that the value 110 was ...
List – I | Current account transactions of a country include According to the Economic Survey 2023-24, what was the retail inflation rate for the fiscal year 2023-24? When the slope of average cost is negative then which of the following holds true? Relevant for Exams: |