Question
What is the primary objective of the new Income Tax Bill
approved by the Union Cabinet?Solution
The new Income Tax Bill aims to simplify India’s tax laws by reducing sections by 25-30%, eliminating ambiguities, and making tax laws more accessible. By consolidating similar provisions and avoiding cross-referencing, the bill seeks to improve clarity and efficiency in tax compliance.
As per Section 127 of the Companies Act, 2013, in relation to punishment for failure to distribute dividends, where a dividend has been declared by a co...
 Which of the following concepts says that the business is different and the owner is different?
The costs which were incurred in the past and ignored under capital budgeting are known as_____.Â
The profit is 50% on sales. What is its percentage on cost?
H Ltd owns 80% of S Ltd. S Ltd made a profit of ₹10 lakh this year. There are unrealized profits in closing stock of ₹1 lakh due to inter-company sa...
Material costing Rs. 700 in the erection of the machinery and the wages paid for it amounting to Rs. 400 should be debited to:
SSL stands for:
The primary objective of Cash Management is to:
Which of the following ratios measures the banking sector’s ability to absorb shocks arising from financial and economic stress?
Which state was declared India’s first fully literate state in 2025?
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