Question
RBI announced the interest rate for short-term loans
upto Rs 300,000 through Kisan Credit cards (KCC) will be ___ % for the current financial year (FY23)?Solution
Reserve Bank of India (RBI) announced that the interest rate for short-term loans upto Rs 300,000 through Kisan Credit cards (KCC) will be seven per cent and interest subsidy will be 1.5 per cent for the current financial year (FY23) and next financial year (FY24).
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
Which of the following categories of inventory are generally reported by companies in their financial statements?
What is the primary function of the National Payments Corporation of India (NPCI)?
Which of the following is an example of “Non-current liabilities”?
Financial statements of a company should be prepared as per ________ and they should give true and fair view.
A lessee signs a 6-month lease of office space with no renewal option. Should it apply Ind AS 116 lease accounting?
Input = 10,000 units @ â‚ą20/unit, Normal loss = 10%, Scrap value = â‚ą2/unit. What is cost per unit of output assuming no abnormal loss?
Which of the following sectors does NOT apply operating costing technique?
For an Asset Reconstruction Company (ARC), after how many days of overdue does a receivable get classified as a Non-Performing Asset (NPA) in its books?
What is the rate of Tax Deduction at Source from insurance commission?
(Commission amount is â‚ą20,000 and assessee is an individual)
