Question
Under Section 115BA of the Income Tax Act, which of the
following conditions must be met for MSMEs to benefit from a reduced tax rate of 25%?Solution
Section 115BA of the Income Tax Act reduces the tax rate to 25% for eligible domestic manufacturing companies, including MSMEs, with a turnover of up to ₹400 crore. This concession encourages growth in the manufacturing sector.
Statement:
A new immigration system will be in place by March 2024 when the free movement of people between the EU and the UK ends, a UK minister...
Three statements are given followed by three conclusions I, II, and III. You have to consider these statements to be true, even if they seem at variance...
Statements: J ≥ K ≥ L = O; M ≤ N < O; M ≥ P < K
Conclusions:
I. L < M
II. J ≥ N
III. N > P
In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, ...
Statement:
Candidates should be young, energetic and dynamic in the age group of 27 to 32 years.
Conclusions:
I. Persons below ...
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In a party, every couple has at least one child (all minors) with them and there are 12 couples. Which one of the following inferences would be possible?
Read the statement, followed by two conclusions. Read them carefully and select thecorrect option.
Statement: If you are depressed, you are livin...
Read the given statements and the following conclusions carefully and select which of the conclusions logically follow(s) from the statements.
S...
Many pathogens that cause foodborne illnesses are unknown. Food contamination can occur at any stage from farm to plate. Since most cases of food poison...
