Starting income=x New income=x+500000 income tax at 1st=0.12x Income tax now=(x+500000)*0.1 Difference=10000 0.1x+50000-0.12x=10000 400000=0.02x x=2000000 x+5=25 lakhs
According to Union Budget 2023-24, consider the following statements regarding the Personal Indirect Tax:
1. It is proposed to increase the rebat...
Consider the following statements about Credit Rating Agencies (CRAs) in India:
1. CRISIL Ltd. is primarily promoted by Standard & Poor's...
Which of the following Liabilities are not shown in the Balance Sheet?
In which of the following LOCs, the beneficiary is liable on a bill drawn by him under an LC?
1. Which of the following is correct regarding Supervisory review Process (SRP)?
1. Supervisors should review and evaluate banks ICAA...
What is the Cash reserve ratio (CRR) as of May 2022?
How would you define the process of allocating a limited capital budget between different projects in a way that maximizes shareholder wealth?
Which of the following Schemes allows the retail investors to Open & maintain retail Gilt account with RBI?
The premium of ________ per annum is to be deducted from the account holder’s bank account through ‘auto-debit’ facility in one installment in Pr...
The balances with bank will be categorized in which time bucket in the ALM statement?
