President Droupadi Murmu has given her assent to the Central Goods and Services Tax (Amendment) Bill, 2023, and Integrated Goods and Services Tax (Amendment) Bill, 2023. The Central Goods and Services Tax (Amendment) Bill, 2023 is to amend the Central Goods and Services Tax Act 2017 while, the Integrated Goods and Services Tax (Amendment) Bill, 2023 is to amend the Integrated Goods and Services Tax Act 2017. The Central Goods and Services Tax (Amendment) Bill, 2023 defines the expressions online gaming, online money gaming, and virtual digital assets. According to the provisions of the Bill, online gaming means the offering of a game on the internet or an electronic network and includes money gaming. The Integrated Goods and Services Tax (Amendment) Bill, 2023 amends the Integrated Goods and Services Tax Act 2017 to exclude online money gaming from the definition of online information and data access or retrieval services.
₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest...
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A bank provides a loan at the rate of 5% per annum to a trader on an amount of 12,50,000 for 5 years. The simple interest to be paid is:
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A car with a price of Rs.6,50,000 is bought by making some down payment. On balance, a simple interest of 10% is charged in lump sum and the money is to...
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If a sum of money invested on simple interest becomes 4 times of itself at 'R%' p.a. in 6 years, then find the value of '0.4R'.
Azhar deposited an amount of Rs. 'x + 250' in a simple interest scheme at a rate of 20% per annum for a duration of 3 years. Additionally, he invested R...
Find the difference between True discount and Simple Interest on Rs. 7200 due after 5 years @ 4% per annum.
If Vipul invests Rs.’a’ in scheme ‘M’ with a compound interest rate of 20% p.a. for two years, and the total amount received from scheme ‘M’...
