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Explanation: In order to provide old age protection, the Government of India launched Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) pension scheme in 2019. It provides monthly pension of Rs. 3000/- after attaining the age of 60 years. The workers in the age group of 18-40 years whose monthly income is Rs. 15000/- or less and not a member of EPFO/ESIC/NPS (Govt. funded) can join the PM-SYM Scheme. Under this scheme 50% monthly contribution is payable by the beneficiary and equal matching contribution is paid by the Central Government. Under the scheme, the fund towards Government’s contribution is provided to LIC being the fund manager.
A mutual fund has the following assets and liabilities:
Assets:
Stocks: $100 million
Bonds: $50 million
...
According to Payment of Bonus (Amendment) Rules, 2019, Every employer shall, on or before the ______ in each year, upload unified annual return in Form ...
Under the head Income from other sources, Family pension received is exempted upto ______.
Supply of goods packed and transported with insurance. This is a ___
The per unit expenses of the ____(1) ___ portion of factory overhead varies with the volume of production while ___ (2)___ portion remains the same with...
In whose favour is the Doctrine of Indoor Management?
Following information is available regarding an organization:
Direct material purchased: 1,50,000
Direct material consumed: 80,000
...
Securities Premium can be used by the company:
Focus of financial management is to address three major financial decision areas.
Which of the following in not the major financial decision area?
Which of the following accounting convention states that‘Trivial transactions can be ignored’?
