Question
What percentage of an employee's basic salary is
contributed to the EPF by the employee?Solution
An employee contributes 12% of their basic salary to the Employees' Provident Fund (EPF).
What is the current per-transaction limit under UPI Lite (online mode)?
A company buys a machine from the US at $50,000 when $1 = ₹70. On balance sheet date, $1 = ₹75. How is this change treated?
In cases where REs are unable to meet Customer Due Diligence (CDD) requirements due to a customer’s lack of cooperation, what is the recommended actio...
As an auditor you came across a situation where related party transactions have taken place. Which AS deals with it?
Which section deals with TDS on cash withdrawals?
Calculate Breakeven point from the following data:
Fixed cost = Rs. 1,20,000
Sales = Rs. 2,20,000
Variable cost = Rs. 88,000
   Debenture redemption reserve is transferred to which reserve:
A not-for-profit organisation receives a donation of ₹1,00,000 for constructing a new building. How should this be treated in the financial statements?
If nothing is given in the financial statements about the three accounting assumptions, then it is to be treated as it. Â
Which of the following is true regarding e-invoicing under GST?