If income is accrued <u>or arises outside India and is not received in India</u>, it is not taxable in the case of Non-Resident.
<h3>Who is a resident and non resident?</h3>
A resident is a person who has resided in India in that year for 182 days or more. He is a natural person or an individual who is domiciled in a particular state.
A Non- Resident is a person who is not the resident of India for tax purposes. Section 2(30) defines non-resident as a person who is not a resident.
Basically, Income which accrue or arise outside india and also received outside india is taxable in case of Non-Resident.
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Answer:
D. Spending tax revenues
Explanation:
Fiscal policies are the actions of the executive wing of the government to alter its spending and taxation strategies to achieve macroeconomic objectives. Fiscal policies are the activities of adjusting government spending and taxation in the economy.
The government receives data on the state of the economy from various agencies. The government adjusts its spending and taxes to influence the level of economic activities to achieve steady growth and stable prices.
Answer:
B and C
Explanation:
The correct statements about the factor-price equalization and the effects of transportation costs are:
- Free trade, in the absence of transportation costs or other barriers to trade, tends to equalize product prices and factor prices.
- Transportation costs prevent product prices from equalizing.
Answer:
unit sales = $3482.49
Explanation:
given data
Selling price per unit = $240.00
Variable expenses per unit = $99.50
Fixed expense per month = $454,290
monthly target profit = $35,000
solution
we get here contribution margin that is express as
contribution margin = Sales - Variable cost ..................1
put here value
contribution margin = $240 - $99.50
contribution margin = $140.50
so here Target Contribution margin will be
Target Contribution margin = Fixed cost + Target profits ...............2
put here value
Target Contribution margin = $454,290 + $35,000
Target Contribution margin = $489290
so here unit sales will be as
unit sales =
unit sales = $3482.49