What are the deductions made from the gross profits as prior charges according to Section 34 of the Code on Wages, 2019?
As per Section 34- The following sums shall be deducted from the gross profits as prior charges, namely:— (a) any amount by way of depreciation admissible in accordance with the provisions of sub-section (1) of section 32 of the Income-tax Act or in accordance with the provisions of the agricultural income-tax law, for the time being in force, as the case may be; (b) subject to the provisions of section 35, any direct tax which the employer is liable to pay for the accounting year in respect of his income, profits and gains during that year; (c) such further sums in respect of the employer as may be prescribed by the Central Government.
Which of the following correctly describes Demographic Dividend?
I- The demographic dividend is the economic growth potential that results...
The Ministry of Education has launched Operation Digital Board (ODB) to leverage technology in order to boost quality education in the country. It will ...
The Land Ports Authority of India is a departmental agency of ______________.
_____________ happens when people are not able to find jobs during some months of the year.
Which of the following Statements about the SDGs is/are True?
I. The Sustainable Development Goals are a set of seventeen pointer goals t...
Which of the following reasons prompted India to liberalize its economy?
I- high combined deficit of the central and state governments
II-...
Consider the following Statements.
I. CBDC is a digital or virtual currency to be launched by the Reserve Bank of India.
II. It does ...
Which of the following is the prime utility of UMANG App?
Article 262 of the Indian Constitution empowers the _____________ to adjudicate inter-state water disputes.
Consider the following Statements and choose the option with wrong Statements.
(i) International Financial Services Centres Authority is a cons...