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The BRICS brings together five of the largest developing countries of the world, representing 41% of the global population, 24% of the global GDP and 16% of the global trade.The acronym "BRICS" was initially formulated in 1999 by economist Jim O'Neill, of Goldman Sachs, in a report on growth prospects for the economies of Brazil, Russia, India and China.The first BRIC Summit took place in 2009 in the Russian Federation and focused on issues such as reform of the global financial architecture.
Section 115JAA allows which of the following?
For calculation of House Rent Allowance under Section 10(13A), the salary is to be considered the following, EXCEPT:
Process costing is suitable for
Project A has cash flows of ₹-10 lakh (initial), ₹3L, ₹4L, ₹5L over 3 years. Project B has the same initial investment but generates ₹6L, ₹4...
A company issues 1,00,000 equity shares of ₹10 each at a premium of ₹5, payable as ₹5 on application, ₹5 on allotment (including premium), and �...
A person or their relative or partner who is indebted to the company for an amount exceeding what threshold is disqualified for the appointment of an au...
While computing exemption in respect of gratuity received by a non-Government employee covered by the Payment of Gratuity Act, one of the items to be co...
According to Companies Act 2013, what does OPC stand for?
A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.
An assessee liable to pay advance tax is not liable to pay interest u/s 234B if the advance tax paid by him is not less than