Question
What are the tax benefits offered to companies
operating in GIFT city?Solution
Companies operating in GIFT city are eligible for certain tax benefits under the Special Economic Zones Act, 2005. One of the benefits is exemption from income tax for the first 10 years of operation. This is applicable to both domestic and foreign companies that operate within the special economic zone. However, companies are still required to pay other taxes such as customs duties and indirect taxes. Therefore, option A is correct.
Who is eligible to become a Member of the Producer Company?
According to the provisions as laid down under the Companies Act, can a Producer Company make a donation or subscription without any formal approval?
What is the shortcut key to terminate an application task or to reboot the operating system .
The observation of people at work that would reveal the one best way to do a task is known as
Which of these web browsers is also known as Nexus?
What is the requirement for transferring shares, along with any special rights, to an active Member of a Producer Company as per the Companies Act?
...What is the purpose of the "swap space" or "page file" in virtual memory management?
Which layer of the OSI model is used for ensuring that data is delivered without errors or loss?
Which of the following IFRS deals with Insurance Contracts?
The maximum number of public companies in which a person can be appointed as a director shall______________
