Question
Which Indian state's residents are exempt from paying
income tax due to specific constitutional provisions?Solution
Sikkim uniquely benefits from an exemption from income tax for its residents under ‘Section 10(26AAA) of the Income Tax Act, 1961’. This exemption is part of the special provisions granted to the state following its incorporation into India in 1975, underpinning Sikkim's distinct administrative status.
Who was the first president of Asian Development Bank (ADB)?
Andhra Bank and Corporation Bank were amalgamated into Union Bank of India in which of the following year?
What dividend per share did SBI declare for FY 2024–25?Â
Under which act did the Reserve Bank of India (RBI) introduce the 'Marginal Cost of Funds Based Lending Rate' (MCLR) system to determine lending rates?
SEBI gave its final Nod to _______for Trading in Electronic Gold Receipt?
Which Section of RBI Act, 1934 provides for an empowered six-member monetary policy committee (MPC) to be constituted by the Central Government?
Dilip Asbe is the Chariman of which of the following organization?
USSR was disintegrated in the period ______?
Which of the following best describes a "Bull Market"?
Which of the following lends money to middle-income countries at interest rates lower than the rates on loans from commercial banks?
