Question
In the Indian Constitution, the provisions relating to
the Finance Commission are given in this article?Solution
The provisions relating to the Finance Commission in the Indian Constitution are given in Article 280. Article 280 provides for the establishment of a Finance Commission by the President of India every five years or at such earlier time as he considers necessary. The Finance Commission's role is to make recommendations regarding the distribution of financial resources between the central government and the states.
If an employee does not make an intimation to their employer about their selection regarding the tax regime, the employer will:
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When was the Oriental Bank of Commerce nationalized?
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Given the following information, calculate the Deferred Tax Asset (DTA) or Deferred Tax Liability (DTL) amount if the tax rate is 30%:
Profits as...
Key advantages of financing through debentures and bonds are?