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A non-resident investor's income from offshore investments that go through an Alternate Investment Fund set up in an International Financial Services Centre will not be taxed. As per the provisions of the Income Tax Act, 1961, non-resident or foreign companies generating income chargeable under this Act through investments in IFSC-based investment funds, including Alternative Investment Funds (AIFs) registered in GIFT City, are exempt from filing income tax returns in India, provided that the income tax due on such earnings has been deducted at the source and remitted to the Central Government by the respective investment fund.
An original figure is first enhanced by 25% and then reduced by 10%. What is the final overall percentage change?
A man spends 22% and 14% of his monthly salary on rent and transportation, respectively. Out of the remaining money, he spends 27% on food and 42% on en...
A spent 30% and 26% of his monthly salary on food and rent, respectively. Of the remaining amount, he gave 20% and 40% to his mother and brother, respec...
If 20% of (A + B) = 30% of (A – B), then what percentage of B is equal to A?
In an election between two candidates, winner got 40% of total valid votes. If total number of votes cast were 1000 out of which 6% were invalid, then f...
The population of a city is decreased by 15% in the first year and then increased by 25% in the second year. Find the population of the city at the end...
If the length of a rectangle is increased by 60%, what would be the percentage decrease (correct to the nearest integer) in the width to maintain the s...
Rajesh spent 44% of his monthly income on food and 56% of the remaining of study. If total monthly savings (after spending on food and study) of Rajesh ...