Mr. Vivek Kalra deposits Rs.11,00,000 today in an investment that would pay after 6 years Rs. 1,00,000 per year for 5 years and Rs. 1,50,000 for the next 5 years. What would be the balance in the account after the last payment is made if the ROI is 18% per annum compounded annually.?
Which of the following taxes are allowed as deduction while computing the business income?
What is the minimum number of persons who must subscribe to the memorandum of association?
Which of the following is/are the necessary contents of a will?
How much loan can be given from PPF account in the year 2006-07?
In straight line method
A doctor has taken a professional indemnity Policy on 01/06/2003 and has been continuously renewing it. In August, 2006 he operated on an infant child. But that operation failed. The parent of child filed a law suit against doctor in Sept, 2006. Which of the following statement is true in respect of the claim?
The shares of Alpha were bought on Jan 1 for Rs 110/-. During the year Alpha paid a dividend of Rs 2/- per share. At the end of the year, share of Alpha was sold for Rs 115/- What is the total return on Alpha?
Mukesh a 35 years old man is a self employed businessman, engaged in the business of selling medical equipments and plans to retire from his business and hand it over to his children at age of 55, after which he wants to relax and enjoy his retired life. He is now earning around Rs. 4,00,000/- p.a. His life expectancy is another 15 years after retirement. After paying for his expenses he is able to save Rs. 85,000 /- p.a., and regularly invest it in a 6% p.a. investment plan.
Calculate what will be the Mukesh’s total accumulation at his retirement? And if he wants to spend 4,00,000/- per year at beginning and dies at the age of 70 and assuming that he leaves behind Rs. 1,00,000/- as estate, what will be the short-fall in corpus?
Suppose X and Y are Father and Son respectively ,so when Y was a minor X advanced Rs 10,000 to him.
After Y becoming major X obtains a bond for Rs 20000 ,which is much larger than the original amount due from Y,by using his parental influence.The contract stands voidable because the consent is caused by:
In case of self occupied property, higher deduction u/s24(b) for interest on loan for construction can be claimed if borrowing was made
An investment having market value of Rs. 100 lakhs in the beginning of 2007, a Rs. 200 lakhs value at the end of 2007, and a Rs. 100 lakhs value at the at the end of 2008. Calculate the arithmetic return and time-weighted return?
Jignesh is 23 years old and plans to retire at 60. His life expectancy is 70 years. You being his CWM® estimate that his client will require Rs. 40,000/- in the first month after retirement. Inflation rate is 5% p.a. and the rate of return is 7% p.a. Currently Jignesh has investment of Rs. 50,000/- @ 7% rate of interest. What will be the extra savings per month at begin required in order to achieve this?
Which of the following are investment intermediaries?
Saptarshi acquired shares of G Ltd. on 15.12.98 for Rs. 5 lacs which were sold on 14.6.11 for Rs. 19 lacs.
Expenses on transfer of shares Rs. 40,000. He invests ` 8 lacs in the bonds of Rural Electrification. Corporation Ltd. on 16.10.2011. Compute capital gain for the assessment year 2012-13.
Under Motor Vehicles Insurance, liability only policy covers property damage up to Rs. _________, in case of private cars & commercial vehicles, and Rs. ________, in case of two wheelers, although Motor Vehicle Act requires a cover of only Rs. ________.
Mr.Tiwari is the sole income earner in the family. Mrs. Tiwari is a homemaker. They are aged 40 and 36 respectively. Life expectancy for both of them is another 40 years. They have no children. Other information you have is:
Current investment portfolio Rs. 20 lakh, Estimated final expenses – Rs. 1 lakh, present annual expenses- Rs 4 lakhs (including 1 lakh MrTiwari’s personal expenses), Mr. Tiwari’s post tax income in hand is Rs 3.5 lakhs. Assume a post tax; and post inflation rate, the discounting factor is 4%. Calculate the insurance requirement under the Needs Based Method.
The returns on Stock A and Stock B have a correlation coefficient of –1. When the price of Stock A appreciates by 12%, how will Stock B’s price perform?
Compulsory maintenance of account is required u/s 44AA of IT, if the gross receipt/ total sales exceed _______
The share of a certain stock paid a dividend of Rs.10.00 last year. The dividend is expected to grow at a constant rate of 15 percent in the future. The required rate of return on this stock is considered to be 18 percent. How much should this stock sell for now? Assuming that the expected growth rate and required rate of return remain the same, at what price should the stock sell 4 years hence?
TESTED 16 Oct 2025