Question
Mr. Verma (RNOR) receives foreign rental income from US
property not remitted to India. Is it taxable in India?Solution
RNOR is taxed on Indian income and foreign income only if received in India. Unremitted foreign income is not taxable.
Under which method of Depreciation, the written down value of the asset is always more than zero:
An independent director can be appointed for a tenure up to ________
Which among the followings are correct statements with regard to NBFC in India?
(A) All NBFCs should be registered with RBI.
(B) NBFCs can...
Which of the following Bank has been permitted to set up its subsidiary in IFSC for providing specialized services as per Union Budget 2023 announcements
Which of the following are the recent reforms taken by the Government?
I- Improved fiscal transparency and realistic revenue assumptions in the B...
Which bank has collaborated with Mahindra & Mahindra Financial Services to offer affordable solutions to the NBFCs customers that will harness the d...
Which of the following best describes the concept of arbitrage in finance?
Prashant is the finance manager in his organisation. He job profile entails various functions, one of them being that of control. Which one of the follo...
The Sustainable Development Goals (SDGs) India Index measures the Indian States on the basis of the progress made on various Sustainable Development Goa...
Which among the following is the correct chronological sequence of the dates in case of an ESOP?
