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Exemption

Indirect Taxation

answered on 28-Jul-25 17:26

Business Facilitator and business correspondent service to insurance company in rural area - exempted Whether agent of bf/bc service in rural area - taxable or exempted ?

latest answer

Law is silent. But technically it should be exempt.

Pradeep Ravikumar

Pradeep Ravikumar

CA Final

1K+

1

179

FUTURES CONTRACT

Financial Management

answered on 26-Jul-25 22:52

Sir, under this type of contract, parties do not know each other, hence it is regulated by agencies such as Exchanges, also it was mentioned that there is no physical transfer of assets. Then what are they trading exactly? SIr, also in this context, i want to understand the futures and options market. how this works. had i been hearing only these terms in my articleship period, from my seniors. Due to which my curiosity exites to know more about these types of market. [Video Time Stamp: 04:15]

latest answer

understood sir, thank you.

Vinod Kumar

Vinod Kumar

CA Inter

11K+

2

133

Cross rate

AFM

answered on 27-Jul-25 02:08

Sir please tell if there is any straightaway method to get cross exchange rate with illustration no. 78 [Video Time Stamp: 00:00]

latest answer

Thanks a lot sir

Akshat Sharma

Akshat Sharma

CA Final

510

5

223

types of utilities

Economics

answered on 26-Jul-25 16:02

sir for form utility you gave the example of cotton and for place of utility iron&steel. and sir for place utility the material is moved from one place to another to make final product and in form utility the cotton example the cotton is also moved from one place to other then why it was form utility,not place utility as the place of production to cotton is different form cotton t-shirt. [Video Time Stamp: 04:21]

latest answer

Utility

Rudransh Aheer

Rudransh Aheer

CA Foundation

3K+

1

187

Salary

Direct Taxation

answered on 28-Jul-25 17:40

If a person earns 65000 p.m. then but between FY 24-25 he got absent let's say in the month of July and get 26000 (for 12 days). At the end of the year his salary is 741000 and after deducting 75k under new tax regime it will become 666000 so should we deduct tds monthly or not?

latest answer

Already answered in another query.

Snehashis Mohanty

Snehashis Mohanty

CA Inter

35

1

169

About Financial statement Analysis

CFA

answered on 26-Jul-25 15:28

Sir, what is Internal Financial Information ?why it is Unavailable to External Users ? Sir I attached a image... in that Read Professor Note only... Explain me sir

latest answer

Okay Sir Thankyou.

dhupam jayanth

dhupam jayanth

CFA L1

10

4

152

POST SHIPMENT FINANCE: - Advance against Export bill sent for Collection-(2)

Financial Management

answered on 26-Jul-25 13:14

sir, is this type of finance comes in the series after "(1)-Purchasing or Discounting of Export bill" type of postshipment finance? are these both type of finance comes under the same circle with same bank, like the exporter can get finance from source (1) and then he can get again finace from source (2) with the same bank in a series of availing loan. My Second query is: When in the Preshipment finance, the bank has done so much in favour of exporter, then why these many formalities in Postshipment finance, specifically in case of source (1) type of finance? [Video Time Stamp: 02:11]

latest answer

understood sir. i was thinking that as well, i have a lot more to cover yet I will focus further sir Thank you sir

Vinod Kumar

Vinod Kumar

CA Inter

11K+

2

140

company registration process

Corporate & Other Laws

answered on 17-Feb-26 13:51

Can you explain the online procedure for company registration in India?

latest answer

Thanks for this nice information.

Sunanda Mishra

Sunanda Mishra

Qualified CMA

0

2

779

TYPES OF PACKING CREDIT: "Packing Credit against Pleadge of goods"

Financial Management

answered on 26-Jul-25 13:09

Sir, if the bank takes the possession of the goods and the shipment is made via approved clearing agencies on the wish of exporter, then in such a case, the bank doesnt require to pay the amount to the exporter physically. because the works which were to be done by exporte has now become the responsibility of Bank. so under this case, the bank will charge interest on a NOTIONAL LOAN AMOUNT? [Video Time Stamp: 03:48]

latest answer

haa.. sir, i understood it now. Back in 2021's i heard this Bank's stock audit from my senior, Now i understood the purpose. Thats why bank is also interested in Stock movement statement, to check whether the business is making any progress in sales or not.

Vinod Kumar

Vinod Kumar

CA Inter

11K+

2

162

DEBT SECURITISATION;- SPECIAL PURPOSE VEHICLE

Financial Management

answered on 26-Jul-25 11:28

Sir, is this Special purpose vehicle is the same vehicle used in the process of IBC PROCESS for disbursement of money ? [Video Time Stamp: 02:34]

latest answer

YES Similar an entity formed only for a spl purpose is known as spe / spv

Vinod Kumar

Vinod Kumar

CA Inter

11K+

1

131