TAXABILITY OF GRATUITY AND ENCASHMENT OF EARNED LEAVES

Question 2. Explain the provisions of Income tax Act in connection with taxability of gratuity And Encashment of earned leave by an employee retiring form an organization. Solution: Gratuity Gratuity means “a gift or present, often in return for favours or services.” Gratuity is paid over and above the normal salary. It is paid in … Read more

RESIDENTIAL STATUS AND TAX INCIDENCE – HOW RESIDENCE AFFECTS INCOME TAX LIABILITY

Question 1. Assesses have been divided into three categories on the basis of residence. How these categories affect the income tax liability of an assesses? Explain defining these categories Solution:   Click here to DOWNLOAD answer: For Other subjects click Here If you have any query comment below. If you really enjoyed this post, don’t … Read more

ONLINE EXAMINATION FORM FOR TERM END EXAMINATION (TEE) JUNE – 2018 – IGNOU

< p style=”text-align: justify;”>Hello Students!!! Examination form for TEE June 2018 are now available online. You can fill it now. You need to fill it before last date to avoid any late fee. Last date without late fee is 30th April, 2018 and Last date with late fee of Rs. 1,000/- is 10th May, 2018. … Read more

EMPLOYMENT IS AN ECONOMIC ACTIVITY CARRIED OUT WITH THE OBJECTIVE OF EARNING PROFIT

Question 5. Write notes very brief comment on the following statements: d) Employment is an economic activity carried out with the objective of earning profit. Solution:  Click here to DOWNLOAD answer: For Other subjects click Here If you have any query comment below. If you really enjoyed this post, don’t forget to like this … Read more

ALL THE PUBLIC ENTERPRISES IN INDIA ARE WHOLLY OWNED BY THE GOVERNMENT OF INDIA.

Question 5. Write notes very brief comment on the following statements: b) All the public enterprises in India are wholly owned by the Government of India. Solution:  Click here to DOWNLOAD answer: For Other subjects click Here If you have any query comment below. If you really enjoyed this post, don’t forget to like … Read more

DIRECT DEMAND FOR PUBLIC UTILITY SERVICES IS INELASTIC

Question 5. Write notes very brief comment on the following statements: a) Direct demand for public utility services is elastic Solution: Click here to DOWNLOAD answer: For Other subjects click Here If you have any query comment below. If you really enjoyed this post, don’t forget to like this post. For more future updates visit … Read more

GOVERNMENT COMPANY AND PUBLIC LIMITED COMPANY

Question 4. Differentiate between the following: a) Government company and public limited company. Solution: Click here to DOWNLOAD answer: For Other subjects click Here If you have any query comment below. If you really enjoyed this post, don’t forget to like this post. For more future updates visit our facebook page and follow us on … Read more

CAUSES OF DISEQUILIBRIUM AND MEASURES FOR ESTABLISHING EQUILIBRIUM IN THE BALANCE OF PAYMENTS

Question 6. (a) State the causes of disequilibrium in the balance of payments. Suggest measures for establishing equilibrium in the balance of payments. Solution: Click here to DOWNLOAD answer: For Other subjects click Here If you have any query comment below. If you really enjoyed this post, don’t forget to like this post. For more … Read more

GLOBALIZATION AS A NATIONAL POLICY AND POLICY INITIATIVE TAKEN BY GOVERNMENT OF INDIA SINCE 1991.

Question 6. (b) Explain the concept of globalization as a national policy with particular reference to the policy initiative taken by government of India since 1991. Solution: Click here to DOWNLOAD answer: For Other subjects click Here If you have any query comment below. If you really enjoyed this post, don’t forget to like this … Read more