Question
What is the current interest rate for Kisan Vikas Patra
(KVP) for the period from October to December 2024, as announced by the Department of Economic Affairs, Ministry of Finance?Solution
The interest rates for Small Saving Schemes, including the Kisan Vikas Patra, have been maintained at the same levels for the third consecutive quarter by the Department of Economic Affairs, Ministry of Finance. For the KVP, the interest rate is set at 7.5% for the third quarter of FY 25.
IGST is collected in case of what type of sales?
Under purchase method of consolidation (older term), goodwill on consolidation arises when:
What is the journal entry for purchasing Machinery from M/S Darjeeling?
The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.
The accounting for 'Amalgamation' of companies is dealt with under:
Electronic Fund Transfer (EFT) is a:Â
ABC Ltd. reported net profits of ₹12 lakh, but their cash from operations was only ₹3 lakh. The company made large purchases of inventory and extend...
Which of the following is an example of non-cash investing and financing activity that must be disclosed separately?
___________ may fix remuneration of the first auditor appointed by the Board as per section 142 of the Companies Act
ABC Ltd. enters into a contract with a director’s relative for supply of raw material worth Rs. 1.2 crore. Paid-up share capital is Rs. 5 crore. As pe...
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