Question
The Government’s scheme One Nation One Ration
Card(ONORC) celebrated how many years of initiation on 9th August, 2022?Solution
The scheme is now being implemented all over the country with Assam being the latest state to join the initiative in June 2022. It was launched as a main project on August 9, 2019 in four states, and has completed three years this year.
NPV assumes reinvestment of the cash flows at:
A dealer supplies goods worth ₹1 lakh within state and charges GST. Which taxes will apply, and who will collect them?
Cash withdrawn by the proprietor from the business for his personal use’ causes
The remuneration of the auditor of a company shall be ________________________
When is a prospectus called a Red-herring prospectus?
A company earns ₹15 lakh net profit before tax. It donates ₹1 lakh to PM CARES Fund and claims depreciation of ₹2 lakh. What is taxable income und...
Mr. Raj, a salaried individual, claims HRA, standard deduction, and 80C deductions under the old regime. He is considering switching to the new tax regi...
Mr. Raj, a salaried employee, earns ₹12 lakh salary and ₹1.5 lakh interest income. He claims ₹1.5 lakh under Section 80C and ₹50,000 under Secti...
For an individual resident in India (age below 60 years), the basic exemption limit for the Financial Year 2025-26 (A.Y. 2026-27) under the NEW tax regi...
Which section of the Income Tax Act provides for a deduction of interest on a home loan for a self-occupied property?
