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Section 43B(h) stipulates that if payments owed to MSMEs are not settled within 45 days, they will not qualify for tax deductions under the Income Tax Act until the payment is made. This is aimed at encouraging timely payments to MSMEs.
India's economy is projected to growth according to IMF:
1) India's economy is projected to grow at 6.3 percent in FY 24.
2) India's econo...
India's outward FDI increased to how much in August 2024?
How many approaches has Google incorporated to enhance image understanding and counter misinformation online?
Consider the following statements about the NPCI's global initiatives:
I. NPCI's collaboration with Namibia aims to replicate the UPI system.
The Ministry of Defence signed a contract with Chowgule & Company Pvt. Ltd. to procure which type of vehicle for the Indian Coast Guard?
What is the main objective of the ISRO Robotics Challenge-URSC 2024 (IRoC-U 2024)?
Who became the first Latin American recipient of the Council of Europe's rights prize in 2024?
What is the primary objective of the new scheme announced during the Interim Budget 2024-25 to strengthen deep tech for the defence sector?
What is the target for annual production of Green Hydrogen by 2030?
Which Ministry signed a Memorandum of Understanding (MoU) with the Department of Thai Traditional and Alternative Medicine of the Government of Thailand?