Question
How many members constitute the board of the Securities
and Exchange Board of India (SEBI)?Solution
The Securities and Exchange Board of India (SEBI) is governed by a board comprising nine members. These include a Chairman appointed by the Government of India, two members from the Union Finance Ministry, one member from the Reserve Bank of India, and five other members nominated by the Union Government, with at least three being fulltime members. This structure ensures a diverse and comprehensive governance framework for regulating India's securities markets.
A property has Gross Annual Value ₹2,40,000. Municipal taxes paid ₹40,000. Standard deduction is 30%. What is the income from house property?
Given: Total Assets ₹250 lakh; Equity ₹100 lakh; Long-term Debt ₹80 lakh; Current Liabilities ₹30 lakh; Current Assets ₹70 lakh. Calculate Deb...
A person shall be eligible for appointment as an auditor of a company only if he is a _______________
Parent Ltd. acquires 75% of Subsidiary Ltd. on 1 July 2024. Subsidiary’s profit for the year ended 31 March 2025 is ₹16,00,000, earned evenly. Calcu...
A company operates a bonus scheme that pays a variable lump-sum to employees annually, dependent on achieving an annual profit target and employees rema...
Insurer owns a building leased out to an unrelated party; management uses cost model. What disclosures are still required?
If a company issues bonus shares in the ratio of 3:5, what would be the new number of equity shares held by a shareholder who owns 2,000 shares?
Under the head Income from other sources, Family pension received is exempted upto ______.
Which Income Computation and Disclosure Standard (ICDS) deals with "The Effects of Changes in Foreign Exchange Rates"?
Rs 9,00,000 incurred on advertising to introduce a new product line is a:
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