Any income chargeable under the based “Salaries” is exempt from tax under Section 10(6)(viii), if it is received by any non resident individual as remuneration for services rendered in connection with his employment in a foreign ship where his total stay in India does not exceed a period days in that previous year.
A ………………… mortgage is a mortgage which does not fully amortize over the term of the note thus leaving a balance due at ……………..
Case: The returns of 2 shares are as follows
Calculate the covariance of returns.
The relevant banking ombudsman for filing a complain regarding credit card with central processing is the one under whose jurisdiction __________________?
Calculate premium payable for term insurance policy of Rs. 10 lacs, for a group of 278 people of 39 years of age. The Mortality Table shows that in this age group 2,681 people die every year in a group of 12,50,000.
Balance on current account + balance of capital account + balance on reserves account is equal to ___________
Under Motor Vehicles Insurance, liability only policy covers property damage up to Rs. _________, in case of private cars & commercial vehicles, and Rs. ________, in case of two wheelers, although Motor Vehicle Act requires a cover of only Rs. ________.
The beta of stock of Akhil Computers Ltd., is 1.5 and is currently in equilibrium. The required return on the stock is 19% and the expected return on the market is 15%. Suddenly due to a change in economic conditions, the expected return on the market increases to 17%. Other things remaining the same what would be new required rate of return on the stock?
Rahul and Priyanka went to a wealth manager. Both of them have just got married. Their funds are limited and their needs are many.
Some of their needs are:
Kindly suggest the order in which they should start providing for their above needs:
One should accept a project if NPV is
Which of the following is/are the desirable contents of a will?
Mr Ram aged 53 years has put in 21 years of service in a PSU opts for a voluntary retirement under the company scheme. He has 5 years and 3 months of service left and his last drawn salary is Rs 18,000. He received Rs 10,00,000 as compensation. What would be the taxable part of this receipt?
Concept of final pay is a feature of
Payback period is
Broker dealer model is more prevalent in
A trustee commuting a breach of trust not table to pay interest except
Mr. Gupta has got his stock insured against fire for Rs5,00,000/- ,during the year he lost the stock in his ware house for Rs. 4,00,000/-. The surveyor from insurance company gave his report that at the time of fire the stock in the ware house had value 6,00,000/-
Calculate what amount Mr. Gupta will receive from the insurance company.
Manish has two house properties. Both are self occupied. The annual value of:
Amount of liability of payment of gratuity is calculated at the rate of
Calculate the Paid up Value ( PV) under a policy with the following particulars
