Under the Payment of Gratuity Act, 1972, where the employee employed in a seasonal establishment is deemed to be in continuous service for such period if he actually worked for not less than __________% of the number of days on which the such establishment was in operation during such period.
An assessee was allowed deduction of unrealized rent to the extent of Rs. 40,000 in the past although the total unrealized rent was Rs. 60,000. He is able to recover from the tenant Rs.45,000 during the previous year on account of such unrealized rent. He shall be liable to tax to the extent of:
Yash pays health insurance premiums for himself, his wife and his two children aged 13 and 8. Premiums for which of these individuals will qualify as deductible from Yash’s taxable income?
Income received in India in previous year is taxable in the hands of:
In a “Pure Play” model of wealth management
Which of the following statements are correct?
A client has a minor child she is concerned about what might happen if she was to die while the child was still young and unable to sensibly handle a sizeable in heritance one solution could be to draft her will so that the child receives the asset once reaching age 21 this is an example of
Which of the following is a secondary identifier _______.
Calculate Gross Annual Value where Gross Municipal Value is Rs.120, Fair Rent is Rs.105. Actual rent receivable is Rs.100& Standard Rent is Rs.125
Minimum net-worth of an AMC should be ______
Which one of the above statements is/are incorrect?
Hybrid plans are
Which of the following statement is/are correct?
Risk free rate of return is 8%, expected market premium is 15% and Beta of security is 0.80. What is the expected rate of return of the security?
Which one of the following is/are correct?
Which of the following statements are true?
If an employee is concerned about the portability of a plan, he should go in for
Which of the following is / are RBI conditions applicable for banks declaring dividends?
Profitability Index is
Which of the following is an aspect of the first principle underlying Supervisory Review Process in Basel framework?
