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.
Select the most appropriate meaning of the following idiom-
ROLL OUT
The journalist was censured by the authorities for her controversial report.
Select the most appropriate synonym of the given word
FETCH
out of the four alternatives, choose the one which best expresses the meaning of the given word and indicate your correct answer.
Choose the antonym of the bold word.
The witness gave a credible account of the incident.
Amnesia
...End of the world
The atmosphere was tense during the meeting.
CordialÂ
Which of the following is an antonym of "gloomy"?
