Question
As per the new rule the stock exchanges or the persons
dealing in securities market, will have to pay ____ GST on SEBI’s fee?Solution
All the market infrastructure institutions, companies who have listed/are intending to list their securities, other intermediaries and persons who are dealing in the securities market will need to pay the fees and other charges payable to SEBI shall be subject to GST (Goods and Services Tax) at the rate of 18 per cent with effect from July 18, 2022. Stock exchanges, clearing corporations and depositories come under market infrastructure institutions. SEBI Headquarters: Mumbai Chairman: Madhabi Puri Buch GST, or Goods and Services Tax, is an indirect tax imposed on the supply of goods and services. It is a multi-stage, destination-oriented tax imposed on every value addition, replacing multiple indirect taxes, including VAT, excise duty, service taxes, etc.
Section 6 of the Negotiable Instrument Act, refers to:
Byron Ltd reported 32000 in earnings during the current financial year. The total shares outstanding are 40000 at a market price of 18 per share. What i...
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
From the following information calculate interest to be paid:
Cash Price: Rs. 1,00,000
Down Payment: Rs. 10,000
Balance in 3 equal ...
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
As per Companies Act, 2013, what is the minimum number of board meetings a company must hold in a year?
Which of the following accounting convention states that‘Trivial transactions can be ignored’?
What is the taxable event under GST?
The most difficult type of misstatement to detect fraud is based on __________.
Which of the following is not a source of long-term finance?