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Statement 1 is correct : Global minimum tax deal :It is a global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to avoid taxation. Statement 2 is correct : The global minimum tax rate would apply to overseas profits of multinational firms. Statement 2 is not correct : Recently the ‘G20 Ministerial Symposium on Tax and Development’ was held in Bali, Indonesia. Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could “top up” their taxes to the 15% minimum, eliminating the advantage of shifting profits. A second track of the overhaul would allow countries where revenues are earned to tax 25% of the largest multinationals’ so-called excess profit – defined as profit in excess of 10% of revenue.
The speed of a car is 40% less than the speed of a bike. The time taken by a bus to cover (d-100) km distance in 9 hours. The sum of the speed...
How much time a train 120 metres long running at the speed of 36 km/hr will take to cross a bridge 130 metres in length?
Excluding the Stoppages i.e. Non-stop, the speed of a Bullet train is 810 km/h and including the stoppages, it is 720 km/h. calculate for how many minut...
A person crosses a 1600 m long street in 4 min. What is his speed (in km/h)?
The speed of a bike increases by 5 km/hr after every 1 hour. If the distance travelled by the bike in 1st hour is 10 km, the find the total distance tra...
Train M crosses a platform in 60 seconds and overtakes a man running in the opposite direction at 12 km/h in 30 seconds. Train N passes Train M, which i...
Speed of a car and a bus is 30 km/h and 6 km/h, respectively. If the time taken by the car to cover a distance of ‘10x’ km is 2 hour less than time ...
Train P starts from Lucknow to Dehradun at 11:55 am with an average speed of 55 m/s. Train Q starts from Dehradunto Lucknowat 1:35 pm with an average sp...
X started to run from point ‘A’ to ‘B’ at a speed of 22 km/hr at 9:00 am and Y started to run from point ‘B’ to ‘A’ at a speed of 23 km/...