Advantages of Prestressed Concrete Sleepers: As high tensile wires used and the concrete is Prestressed, they are less liable to cracking. They are very strong in resisting tension and do not creep under stress. They are very cheap in the long run due to their long life. What is theRead More →
For single taxpayers and married individuals filing separately, the standard deduction rises to $12,550 for 2021, up $150, and for heads of households, the standard deduction will be $18,800 for the tax year 2021, up $150. Which is best tax regime Old or new? The net tax benefit forgone isRead More →
Contract costing is widely used in the construction industry and civil engineering. What is contract costing and which type of product uses it? Contract Costing is a special type of job costing, where the unit of cost is a single contract. The contract itself is a cost center and isRead More →
The Australian Customs Service (Customs) collects GST on taxable goods imported into Australia. The GST payable is 10% of the value of the imported product. The value of the product is the sum of,the customs value of the goods & any customs duty payable. How is import duty and GSTRead More →
The amount which you can withdraw from your PPF account shall be restricted to higher of fifty per cent of the balance standing at the end of the fourth year immediately preceding the year of withdrawal or at the end of the preceding year. Can I withdraw money from PPFRead More →
The object’s specific gravity is then the object’s weight in air divided by how much weight the object loses when placed in water. But most importantly, the principle describes the behaviour of any body in any fluid, whether it is a ship in water or a balloon in air. WhyRead More →
Rate of interest Interest under section 234C for default in payment of instalment(s) of advance tax is charged at 1% per month or part of a month. The nature of interest is simple interest. What happens if advance tax is not paid? Interest under Section 234B is levied if theRead More →