Question
In 2023, Indian farmers were implicitly taxed a
significant amount through export restrictions and price policies. What was this estimated tax amount?Solution
According to the OECD report, Indian farmers faced an implicit tax of $120 billion in 2023, primarily due to export restrictions and policies that reduced agricultural commodity prices.
If the realisable value of security held by a bank is less than what percentage of the exposure, the asset is treated as unsecured (loss asset)?
_______ Ratio is the indicator of firm’s financial leverage.
What is the time limit for filing revised return at present?
A loan given to an entity with investment in plant and machinery up to ₹5 crore and turnover up to ₹50 crore will be classified under which category?
Which of the following statements are required to verify trade creditors?
Statement 1: Obtain the schedule of creditors and examine it with refer...
With respect to AS 13 relating to Accounting for Investments, which of the following statement is incorrect?
Under section 208, obligation to pay advance tax arises in every case where the advance tax payable is ______.
Which of the following best describes "Ind-AS" in accounting?
An interface that allows user to store data in a two-tier architecture is known as _______.
As per General Financial Rules, 2017 who has been given full powers to make their own arrangements for procurement of goods and services, that are not a...
