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(NPS Vatsalya) scheme was announced in the Union Budget 2024-25 on July 23, 2024. It is an innovative pension scheme designed exclusively for minors, marking a significant advancement in financial planning and setting a new standard for prudent financial management from a young age . Under the NPS Vatsalya scheme, all minor citizens up to the age of 18 are eligible to open an account. The account is opened in the name of the minor and managed by their guardian until the child reaches adulthood, ensuring that the minor remains the sole beneficiary throughout the process.
A sole proprietor withdrew ₹ 1,00,000 on January 31, 2023 for his personal use from his business. Calculate interest on Drawings @ 12% p.a. for the ye...
What duties are taxes on intra-State supplies?
According to section 22 of The Negotiable Instruments Act 1881, A note or bill, which is not expressed to be payable on demand, at sight or on presentme...
Which of the following is NOT a common profitability ratio?
The scheme under which the complaints related to digital payments can be resolved is _______
Who owns the GeM?
In respect of income from house property, the collection charges are allowed up to a maximum of:
The Board of Directors of a company can appoint additional director, as per the provisions of the Companies Act, 2013, if such power is conferred on th...
In case of redemption of debentures, Debt/equity ratio will:
If you want to record all purchase transactions in the accounting software, which shortcut key should you use?
