Question
Under the newly approved Unified Pension Scheme (UPS),
what percentage of a deceased employee's pension is received by their family?Solution
The Union Cabinet's recent approval of the Unified Pension Scheme for central government employees stipulates that families will receive 60% of the deceased employee's pension. This measure ensures continued financial support for families after the loss of a breadwinner, emphasizing the government's commitment to employee welfare.
The primary function of a 'Registrar and Transfer Agent (RTA)' is to:
Which of the following is treated as a finance cost under Ind AS?
What is the maximum loan amount that can be assessed under the Nayak Committee's Turnover Method?
A company chooses not to record a small calculator worth ₹500 as a fixed asset. Which concept is being applied?
Which of the following best describes ‘capital gearing ratio’?
The term "Goods" under GST does not include:
What will be the Net Working Capital (NWC) of a company if its Current Ratio = 1?
As per AS 9, revenue from sales of goods should be recognized when:
The Miller-Orr Model is used to manage:
In the context of budgeting, 'Top-down Budgeting' refers to a process where:
