Question
Which ministry has introduced the Electric Mobility
Promotion Scheme 2024, which aligns with the banking industry's efforts to support environmentally friendly and sustainable development?Solution
The Ministry of Heavy Industries, Government of India, announced the Electric Mobility Promotion Scheme 2024 (EMPS 2024) in March 2024 to encourage the adoption of electric vehicles (EVs) in the country. The scheme will run from April 2024 to July 2024, with a total outlay of Rs 500 crore. The scheme will support purchase of two-wheelers and three-wheelers. The scheme will provide a subsidy of Rs 10,000 for two-wheelers, and Rs 25,000 for small three-wheelers. The subsidies will be eligible for electric two, three, and four wheelers sold until March 31, 2024, or until the time funds are available, whichever is earlier.
Fixed cost per unit increases when:
For Assessment year 2020-21, A security ( other than a unit) listed in a recognized stock exchange, or a unit of equity oriented fund or a unit of the U...
In variance analysis, which variance helps management identify whether quantity of materials used is efficient?
As per section 9(1) of CGST Act, 2017, Central Tax on intra-State supplies shall be levied on the transaction value. This value is determined as per of...
A company reports the following data for the year:
• Net Profit before tax and extraordinary items: ₹12,00,000
• Depreciation: ₹2,...
A company’s estimated tax liability for FY 2024–25 is ₹20 lakh. It has already paid ₹4 lakh in the first installment (15 June). Calculate the am...
SA 500 refers to:
ORACLE is an example of:
Under the PM Vishwakarma Scheme, collateral-free credit can be provided up to ____________ in the first tranche to artisans and craftspeople identified ...
Which one of the errors is disclosed by Trial Balance?