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Statement 1 is correct: When a company benefits from something that they are not responsible for, the financial gain that ensues is called windfall profits. Statement 2 is incorrect: It is very unlikely that it will increase the price of fuel in India as this tax is not part of the input or output cost. Statement 3 is correct: Governments, typically, levy a one-time tax over and above the normal rates of tax on such profits.
In the event of the death of a subscriber under PMJJBY, who is eligible to receive the insurance payout?
Which state is set to implement India’s first dedicated yoga policy?
When was Goa liberated from Portuguese rule?
Identify India's flagbearer at the Paris Olympics closing ceremony.
Which asset management company has launched its first equity scheme,Flexi Cap Fund, an open-ended equity scheme which aims to invest in equity and equi...
The investigative wing of the Central Board of Indirect Tax and Customs (CBIC) has slapped a show cause-cum-demand notice on which Life Insurance Compan...