Question
What is the new corporate tax rate introduced in the
Union Budget 2025-26 for startups?Solution
The Union Budget 2025-26 introduced a corporate tax rate of 15% for eligible startups, aiming to support innovation and entrepreneurship.
A company has the following balances on its Balance Sheet:
• Cash & Bank Balances: ₹2 crore
• Trade Receivables: ₹4 crore
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Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A company has Current Assets = ₹6,00,000; Current Liabilities = ₹3,00,000; Inventory = ₹1,50,000. Calculate Quick Ratio.
Two firms, Firm A and Firm B, are identical in all respects except their capital structure.
• Firm A (Unlevered): It is entirely equity finance...
While preparing cash flow statement, an entity (other than a financial institution) should disclose the dividends received from its investment in shares...
The following data is provided for XYZ Ltd:
• Current Assets: ₹15,00,000
• Inventory: ₹5,00,000
• Current Liabilities: �...
What is MIBOR?
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
Calculate (i) Operating Leverage and (...
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
A company has:
• Net profit after tax: ₹60 lakh
• Depreciation: ₹30 lakh
• Interest on term loan: ₹30 lakh
• T...
