Question
As per the Union Budget 2025-26, Under TDS/TCS
rationalization, the annual limit for TDS on rent has been increased to: ÂSolution
Explanation: The rationalization raises several thresholds. Specifically, the annual TDS-on-rent limit moves from ₹2.40 lakh to ₹6 lakh , easing compliance for taxpayers with moderate rental payouts while aligning with the broader simplification measures.
Determine a firm's total assets turnover, if its net profits margin is 8%, total assets are 8,00,000 and the return on investment is 14%
Which of the following is not one of the factors that play a role in charging depreciation?
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
The Bharat Bill payment system (BBPS) is a one-stop ecosystem for payment of all bills providing an interoperable and accessible bill payment service a...
Which of the following statement is incorrect with respect to income under the head salaries?
An insurance company invests a large portion of its funds into corporate bonds rated BBB. After a sudden downgrade to junk status, the insurer faces los...
While preparing cash flow statement, an entity (other than a financial institution) should disclose the dividends received from its investment in shares...
How many digits are there in an IFSC code used to transfer money using NEFT?
The value of supply should include:
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
