Question
Which of the following statements is/are correct
regarding the “Employees’ pension scheme”? I. The EPS, administered by the EPFO, came into being in 1995. II. The pension fund was to comprise a deposit of 8.33% of the employers’ contribution towards the PF corpus. III. It makes provisions for pensions for employees in the organized sector after retirement at the age of 65 years.Solution
Explanation: It makes provisions for pensions for employees in the organized sector after retirement at the age of 58 years.
Debenture redemption reserve is transferred to which reserve:
Which of the following is the correct full form of REIT?
What is the minimum duration for which a Small Account can remain operational after opening, if the account holder has not furnished any Officially Vali...
XYZ Ltd. has furnished the following details to the bank while seeking working capital finance for the upcoming financial year:
• Total Current...
With effect from ______, the historic indirect tax reform- GST was introduced in India.
Under AS 6, which of the following cannot be considered a method of depreciation?
Concurrent audit is a part of:
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
As per recently published data of PIB related to 31st March 2023, How much Gross Merchandise Value (GMV) GeM has recorded in FY 2022-23?
Gross working capital refers to:
Relevant for Exams:
