Question
Under the Periodic KYC Updation protocol, what is the
minimum requirement for advance intimations before the due date?Solution
Explanation: Banks and regulated entities must send at least three advance notices reminding customers of KYC updation . Importantly, one of these has to be in the form of a physical letter , ensuring communication reaches customers even if digital modes are inaccessible.
The concept that requires a business to use the same accounting methods and policies from one period to the next is called:
The liability of a sole proprietor is:
A provision for onerous contract is:
According to GST Laws, from 1 August 2023, the e-invoicing is mandatory for businesses with annual aggregate turnover of over _______ in any previous fi...
The Miller-Orr Model is used to manage:
What is the taxable event under GST?
A company has an actual sales of ₹25 crore vs. a budget of ₹30 crore. Costs were below budget by ₹2 crore. What does this imply?
According to section 11 of the Indian Contract Act agreement with a minor is:
Which Ind AS deals with Revenue from Contracts with Customers?
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will:
