Question
From 1st October 2025, which UPI feature will be
discontinued to curb frauds?Solution
The NPCI has announced that the Collect Request feature in UPI (a pull-payment service) will be discontinued from 1st October 2025. It was widely misused for frauds. Only push transactions (payer-initiated via QR or account entry) will remain, improving security and trust.
The concept that requires a business to use the same accounting methods and policies from one period to the next is called:
The liability of a sole proprietor is:
A provision for onerous contract is:
According to GST Laws, from 1 August 2023, the e-invoicing is mandatory for businesses with annual aggregate turnover of over _______ in any previous fi...
The Miller-Orr Model is used to manage:
What is the taxable event under GST?
A company has an actual sales of ₹25 crore vs. a budget of ₹30 crore. Costs were below budget by ₹2 crore. What does this imply?
According to section 11 of the Indian Contract Act agreement with a minor is:
Which Ind AS deals with Revenue from Contracts with Customers?
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will: