Related Questions

India recently notified the Third protocol to amend Double Taxation Avoidance Agreement with which of the following countries?
A China
B Vietnam
C Singapore
D Malaysia
Two friends M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk 5 Lac and acquired 20% shares in the business. What is the share of M in the business now ?
A 20%
B 24%
C 28%
D 32%
Two friend M and N have 40% and 60% shares in a business. After some time a third friend joined the business by investing Tk. 5 lac and acquired 20% shares in the business. What is the share of M in the business now?
A 20%
B 24%
C 28%
D 32%
A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities.
A Sole proprietorship
B Entrepreneurship
C Partnership
D Corporation
(i) Finally the bureaucratic organization took over the pioneering enterprise. (ii) The 19th century was the age of entrepreneur, the self -made man . (iii) Thoughtful business administration took over action centered business entrepreneurship. (iv) In the 20th century the rational executive took command .
A (iv) + (ii) + (i) + (iii)
B (ii) + (iii) + (iv) + (i)
C (ii) + (iv) + (iii) + (i)
D (iii) + (i) + (ii) + (iv)
Which of the following is not the example of direct taxation?
A VAT
B Income Tax
C Wealth Tax
D Capital Gain Tax
What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?
A Progressive\tax
B \Proportional\tax
C Regressive\tax
D \Degressive\tax
On which one of the following is the benefits received principle of taxation to achieve optimality bases?
A Marginal benefit received
B Total benefit received
C Average benefit received
D Ability to pay for the benefit
Identify the aspect of taxation which is related to normative economics
A Incidence of tax
B Effect of tax on the capacity willingness to work
C Equity of tax
D None of the above
A certain city uses a computer system as part of its taxation of real estate. Which one of the following tasks would the computer be least able to do?
A Decide how much money should be raised through real estate taxes
B Keep records of tax rates that apply to different kinds of real estate
C Compute tax due for each property owner each quarter
D Keep records of all assessment
E Record and credit tax payments received from property owners

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