Question
Due to which of the following reason Debt Financing is
a cheaper source of finance?ÂSolution
As per Indian Income tax Act, companies have to pay dividend distribution tax on payment of dividends to shareholders. Contrary to it, company gets tax benefit on interest payment to lenders or debt because interest is treated as expense of the company and therefore it is liable to pay tax only on net profit after deducting interest amount.Â
The “Designated Director” under the Prevention of Money Laundering Act (PMLA) is responsible for ensuring compliance with the obligations imposed un...
What is the purpose of performing Due Diligence by banks under KYC norms?
What banking transaction involves the exchange of one currency for another at the prevailing exchange rate?
S, an entity had 500 units of product X at 30 June 2015. The product had been purchased at a cost of $18 per unit and normally sells for $24 per unit. R...
If the Opening Debtors were Rs.50,000 and Closing debtors are Rs.40,000, what effect will it have on the cash flow statement?
What is the ceiling on the number of audits in case of an individual?
According to RULE 18(7)(C) of the Companies (Share Capital and Debentures) Rules, 2014, every company required to create/maintain debenture redemption r...
Economic life of an enterprise is split into the periodic interval as per which concept?
The document containing the rules and regulations framed by the company for internal management of the company is called:
Which of the following taxes will be levied on imports?
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