Question
Which Indian public sector bank has become the first to
integrate the GST Sahay App to offer digital credit to micro, small, and medium-sized businesses based on their GST profile?Solution
Punjab National Bank (PNB) has become the first public sector bank in India to integrate the GST Sahay App, enabling digital credit access for micro, small, and medium-sized businesses using their GST profiles.
Which of the following best describes "Ind-AS" in accounting?
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
An insurer has Net Profit before tax ₹50 lakh, depreciation ₹8 lakh, increase in trade payables ₹5 lakh, decrease in inventory ₹2 lakh, and gain...
Which of the following is not a recognized method of conducting Know Your Customer (KYC)?
Any member of a company entitled to attend and vote at a meeting of the company shall be entitled to appoint another person as ___________ to attend an...
A company has debt of ₹50 lakh at 10% interest, equity of ₹1 crore with cost of equity 15%, and tax rate 30%. Calculate the WACC (weighted by market...
Which of the following statement is incorrect?
An assessee liable to pay advance tax is not liable to pay interest u/s 234B if the advance tax paid by him is not less than
Mr. Rohit and Mrs. Rohit hold 20% and 30% equity shares in Virat Ltd., respectively. They are employed in Virat Ltd. (taxable salary being ₹2,20,000 p...
Match the following columns regarding the posting of Profit and Loss Account items.
