Question
Which of India's Five-Year Plans is predominantly
associated with the economic concept of "inclusive growth"?Solution
The Eleventh Five-Year Plan (2007-2012) specifically emphasized "inclusive growth" as its central theme. Under Prime Minister Manmohan Singh's government and with economist Montek Singh Ahluwalia's guidance, this plan focused on reducing poverty, addressing regional disparities, and enhancing access to essential services like education and healthcare. It prioritized human development indicators and implemented significant welfare programs, including healthcare insurance initiatives and educational reforms, with the objective of extending economic benefits to all societal segments, particularly disadvantaged populations.
A company buys a machine from the US at $50,000 when $1 = ₹70. On balance sheet date, $1 = ₹75. How is this change treated?
Which of the following is an example of capital expenditure?
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Deduction in respect of royalty income of authors under Chapter VI is allowed under Section:
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