Question
Which sector is eligible for classification under the
sub-target of 7.5% prescribed for Micro enterprise under the priority sector?Solution
Khadi and Village Industries Sector All loans to units in this sector are eligible for classification under the sub-target of 7.5 per cent prescribed for Micro Enterprises under the priority sector.
While computing exemption in respect of gratuity received by a non-Government employee covered by the Payment of Gratuity Act, one of the items to be co...
Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, calculate PV ratio?
A company is planning a capital raise of ₹20 lakh, with 60% from equity (cost 16%) and 40% from debt (cost 10%). If the tax rate is 30%, calculate its...
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it. Â
From the following data, compute funds from operations: Net profit ₹8 lakh, Depreciation ₹2 lakh, Loss on sale of asset ₹50,000, Profit on sale of...
Read the following information to answer the below questions:
State which statement is incorrect:
An increase in the inventory holding period, all else being equal, will:
ORACLE is an example of:
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