Recently norms related to Minimum Alternative Tax (MAT) has been relaxed for companies facing insolvency process. The provision of MAT is in:
MAT is under section 115J of the Income Tax Act 1961.These companies have to pay a minimum 18.5% of book profit.
'R' invested Rs. 24,000 in SIP 'A' with a compound interest rate of 20% per annum compounded annually, and Rs. 18,600 in SIP 'B' with a simple interest ...
A man deposited Rs. ‘x + 800’ at 12% per annum simple interest and earned Rs. 540 as interest after 2 years. Find the interest earned by him if he d...
If the ratio of the sum invested and simple interest received after 1 year is 25:11 respectively, then find the rate of interest.
Simple interest and compound interest (compounded annually) earned on a sum at the end of 2 years at a certain rate of interest p.a. are Rs. 1500 and Rs...
'V' invested Rs. 15,000 in Provident Fund 'P,' which provides 20% compound interest for two years, compounded annually. He subsequently invested the amo...
Difference between CI and SI on a sum for 3 year at 20% p.a. is 176. Find the simple interest on the sum after 2 years at 10% p.a.
Vishal invested Rs. 3750 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interes...
A person invested a sum of Rs. 9000 at r% per annum at simple interest and a sum of Rs. 13500 at (r-4)% at simple interest. If total interest earned on ...
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
A certain sum amounts to ₹13200 after 4 years and to ₹16400 after 8 years at the same rate per cent p.a. at simple interest. The simple interest (in...
