Question
What is the effective import duty on edible oils after
the recent government revision?Solution
The government raised the effective import duty on edible oils to 27.5%, which is a combination of a basic duty increase from 0% to 20% and additional duties, to support domestic oilseed farmers.
The term ‘ Previous year’ is defined under which section of Income Tax Act?
What should be the correct Journal Entry for booking premium income in case of Incoming coinsurance:
A company has a standard direct material cost of ₹10 per unit. Actual cost incurred was ₹12 per unit for 1,000 units. 950 units were actually produc...
Which of the following conditions must be satisfied for a Regulated Entity (RE) to rely on third-party customer due diligence (CDD) under RBI’s KYC/AM...
A company issues 1,00,000 equity shares of ₹10 each at a premium of ₹5, payable as ₹5 on application, ₹5 on allotment (including premium), and �...
What is the primary objective of CARO?
Which of the following would be the base figure in a Vertical Analysis of an Income Statement?
E-commerce rum through network connected system. Network Connected system have two types of architecture, i.e. __________.
SA 700 deals with:
In international wire transfers, which role does a SWIFT Code play for the sender and the beneficiary?
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