IndigoLearn

Forums

Banking companies

What is the percentage of profit to be transferred to statutory reserve 20% or 25% ??


anamika vardhan

anamika vardhan

CA Inter

1K+

02-Aug-20 11:47

28

Answers (3)

25%


sundesh kumar

sundesh kumar

CA Inter

7K+

02-Aug-20 22:11

sundesh kumar

25%

But in the study material for November 2020 it is given that 20%

Attachments

IMG_20200807_183628.jpg


anamika vardhan

anamika vardhan

CA Inter

1K+

07-Aug-20 18:39

The percentages relevant for the exams would be as per the amendments applicable for the concerned exam the student writes. It is 20%


Lavanya Chitturi

Lavanya Chitturi

Moderator

08-Aug-20 14:07

Individual Modules are back
CA Foundation Scholarship
IL Pass percentages
SFM Launch
Tally Free
Quote
Refer
EMI
Lazypay
Past_Exams
Economics for Finance Launch
Financial Modelling