Question
The notional turnover on the recognized stock exchanges
in IFSC increased to USD 2867 billion during FY 2021-22, showing a jump of what percentage from FY 2020-21?Solution
The notional turnover on the recognized stock exchanges in IFSC increased to USD 2867 billion during FY 2021-22, showing a significant jump of 45% from FY 2020-21. This highlights the growing activity and attractiveness of IFSC as a global financial hub.
A company purchases machinery for ₹50 lakhs with a useful life of 10 years and salvage value of ₹5 lakhs. The company uses straight-line depreciatio...
Under which condition will no depreciation be charged on a fixed asset during a financial year?
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Under which condition will no depreciation be charged on a fixed asset during a financial year?
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The primary cause of depreciation is:
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Which accounting standard in India deals with depreciation accounting?
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