Advertisements
Advertisements
Question
Choose the most appropriate option:
In an attempt to curb black money, the Government has made PAN mandatory for all financial transactions exceeding Rupees:
Options
2 lakhs
1 lakhs
3 lakhs
4 lakhs
Advertisements
Solution
2 lakhs
Explanation:
PAN will be a must for all transactions, including the purchase of jewelry, above ‘ 2 lakhs in cash or through a card with effect from January 1, 2016.
APPEARS IN
RELATED QUESTIONS
Recently, the Government of India relaxed the Angel Tax Norms for Start-ups and enhanced the investment limit to:
Choose the most appropriate option.
India emerged as ___________ largest holder of the U.S Government Securities at the end of 2016:
Mark the best option:
Who has become the World Bank’s Country Director for India?
Choose the appropriate alternative:
The Reserve Bank of India issued the 100 rupee coin to mark the birth centenary of which Carnatic Music Legend?
If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to
Demand for a commodity refers to:
European Union (EU) decided to cooperate on Digital communications, Digital economy, and society along with this country.
The measurement of poverty - line in India is based on the criteria of ____________
The author of the management principle - In a hierarchy, every employee tends to rise to his level of incompetence
A company is said to be 'Sick' when the accumulated loss at the end of any financial year leads to erosion of_______percent of its net wealth.
