Start learning 50% faster. Sign in now
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.
Does Indian Evidence Act, provide for questions that are lawful to be asked in cross-examination? If yes, under which section?
In case a Legal Disability continues up to the death of that person__________.
What is the timeframe within which the Tribunal should aim to decide an appeal as per section 23 of the Code on Social Security?
Legitimacy of child born during valid marriage is presumed under which provision of Indian Evidence Act?
Judges in the Court of Session are appointed by
The Principle of Res-Judicata does not apply when?
As per provisions of CPC, the statement given by a judge is ______?
As per section 4 of the Prevention of Corruption Act, notwithstanding anything contained in the Code of Criminal Procedure, 1973 the trial of an offence...
Under the Motor Vehicles Act, a driving licence can be renewed by the licensing authority with effect from the date of its expiry. However, in cases whe...
The Vice President of India shall be elected by: