Question
Which country has decided to scrap the proposal to cut
taxes for the wealthy?Solution
The Prime Minister of the United Kingdom Liz Truss has dropped the plan to cut income tax for the top earners. The move has sparked turmoil in the financial markets of the country. The Government said that it will not scrap the top 45 percent of income tax paid on earnings above 1,50,000 pounds ($1,67,000) a year.
Ramnaresh & traders initiated their business on 1st April 2007 with ₹ 12,000 by 6000 units at the rate of ₹ 2 per unit. During the year he sold thes...
An LC limit of ₹48 lakh is sanctioned, and the lead time is 3 months. What is the projected annual purchase of raw material?
Under Section 194B of the Income Tax Act, 1961, any person responsible for paying any person any income by way of winning from any lottery or crossword ...
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
A company measures its financial asset at amortised cost. It earns fixed interest and has no intention to sell before maturity. Which Ind AS permits thi...
A company's shares with a face value of Rs. 10 each are quoted at Rs. 60 in the stock market. Current rate of dividend is 6% and this is expected to gro...
A customer purchases a general insurance policy covering fire and burglary. The insurer charges a premium of ₹50,000 for the annual coverage. As per p...
ICDS III deals with which of the following:
Section 126 of the Indian Contract Act refers to:
Calculate the average age of inventory(Assume 360 days in a year):
Relevant for Exams:
