Welcome to Answerclub.org
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
Why was RBI established?
The purposes for which the RBI has been established as India’s central bank has been spelt out in the preamble to the RBI Act “to regulate the issue of banknotes and the keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system ofRead more
The purposes for which the RBI has been established as India’s central bank has been spelt out in the preamble to the RBI Act
See less“to regulate the issue of banknotes and the keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage; and (ii) that it is essential to have a modern monetary policy framework to meet the challenge of an increasingly complex economy and the primary objective of the monetary policy is to maintain price stability while keeping in mind the objective of growth” …to regulate the issue of Bank Notes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage.
How does TDS work?
TDS would apply to all taxable incomes except it’ll be deducted at source at a fixed rate. For almost all payments except salary, TDS rate depends on the type of income rather than the amount of payment. In the case of salary, the employer can estimate the total expected income of the employee. ThusRead more
TDS would apply to all taxable incomes except it’ll be deducted at source at a fixed rate. For almost all payments except salary, TDS rate depends on the type of income rather than the amount of payment.
In the case of salary, the employer can estimate the total expected income of the employee. Thus, TDS deduction happens at the applicable slab rate and may change in the middle of the year based on:
1. Changes to income due to bonus, appraisal
See less2. Submission of investment proof
What is TDS?
TDS or Tax Deducted at Source is an income tax that is reduced when a certain payment like rent, salary, commission, interest, professional fees, etc. is made by the person who made such a payment. As per the Income Tax Act, any company or a person is required to deduct tax at the source itself if tRead more
TDS or Tax Deducted at Source is an income tax that is reduced when a certain payment like rent, salary, commission, interest, professional fees, etc. is made by the person who made such a payment. As per the Income Tax Act, any company or a person is required to deduct tax at the source itself if the money paid exceeds a certain amount. The person who receives a payment also has a liability to pay tax.
The purpose of TDS may have been to reduce the chance of evasion by the recipient of the incomes. But, for an honest taxpayer, it also brings a few benefits.
See lessWho was the author of the book "The Road ahead"?
The Road Ahead is a book written by Bill Gates,
The Road Ahead is a book written by Bill Gates,
See lessWhat is the largest International Organisation?
The United Nations is an international organization founded in 1945. Currently made up of 193 Member States, the UN and its work are guided by the purposes and principles contained in its founding Charter. The UN has evolved over the years to keep pace with a rapidly changing world.
The United Nations is an international organization founded in 1945. Currently made up of 193 Member States, the UN and its work are guided by the purposes and principles contained in its founding Charter. The UN has evolved over the years to keep pace with a rapidly changing world.
See lessWhat are the working of heart?
The heart is a muscular organ that pumps blood continuously throughout the body. It is comprised of four chambers — the right and left atrium and the right and left ventricle. The four chambers of the heart work together by alternately contracting and relaxing to pump blood throughout the heart.
The heart is a muscular organ that pumps blood continuously throughout the body. It is comprised of four chambers — the right and left atrium and the right and left ventricle. The four chambers of the heart work together by alternately contracting and relaxing to pump blood throughout the heart.
See lessWhat is the difference between market order and limit order?
The main difference between a market order and a limit order is that market orders trigger the immediate purchase or sale of a stock at its current market value, whereas limit orders allow you to delay transactions until the stock meets a specified price.
The main difference between a market order and a limit order is that market orders trigger the immediate purchase or sale of a stock at its current market value, whereas limit orders allow you to delay transactions until the stock meets a specified price.
See lessWhy do chemicals react?
A Chemical Reaction is a process that occurs when two or more molecules interact to form a new product(s). Compounds that interact to produce new compounds are called reactants whereas the newly formed compounds are called products.
A Chemical Reaction is a process that occurs when two or more molecules interact to form a new product(s). Compounds that interact to produce new compounds are called reactants whereas the newly formed compounds are called products.
See lessWhat is the magnitude formula?
Assuming you are referring to the magnitude of a vector, the magnitude of it is equal to the norm of the vector. This allows you to find the magnitude of a vector in any dimension. For a 2d vector the formula is |z|=√x2+y2 | z | = x 2 + y 2 , where x and y are the x and y components of the vector reRead more
Assuming you are referring to the magnitude of a vector, the magnitude of it is equal to the norm of the vector. This allows you to find the magnitude of a vector in any dimension. For a 2d vector the formula is |z|=√x2+y2 | z | = x 2 + y 2 , where x and y are the x and y components of the vector respectively.
See lessWhat is the name of the least visited country in the world?
Tuvalu. Tuvalu, a tiny island nation in the Pacific Ocean, tops the list as the least-visited country in the world. With only 3,700 tourists per year, this remote paradise offers pristine beaches, crystal-clear waters, and a slow-paced way of life.
Tuvalu. Tuvalu, a tiny island nation in the Pacific Ocean, tops the list as the least-visited country in the world. With only 3,700 tourists per year, this remote paradise offers pristine beaches, crystal-clear waters, and a slow-paced way of life.
See less