Achyutam International Accounts & Finance Manager Interview Questions and Answers

Q1. What are the various types of taxes under the Goods and Services Tax (GST) system?
Ans. 
Various types of taxes under GST include CGST, SGST, IGST, and UTGST.
• Central Goods and Services Tax (CGST) - levied by the central government on intra-state supplies of goods and services

• State Goods and Services Tax (SGST) - levied by the state government on intra-state supplies of goods and services

• Integrated Goods and Services Tax (IGST) - levied by the central government on inter-state supplies of goods and services

• ...read more
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Q2. What are the key aspects of income tax?
Ans. 
Key aspects of income tax include tax rates, deductions, credits, filing deadlines, and tax planning.
• Tax rates vary based on income levels, with higher incomes typically taxed at higher rates.

• Deductions such as mortgage interest, charitable contributions, and medical expenses can reduce taxable income.

• Tax credits directly reduce the amount of tax owed, such as the Child Tax Credit or Earned Income Tax Credit.

• Filing dea...read more
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Q1. Golden rules of account
Ans. 
Golden rules of account are basic principles that guide the recording of financial transactions.
• Golden rule of account is Debit the receiver, Credit the giver.

• Real accounts are debited when receiving benefits and credited when giving benefits.

• Nominal accounts are debited when expenses or losses are incurred and credited when incomes or gains are earned.

• Personal accounts are debited when the receiver is the account hold...read more
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Q2. Capital market, Money Market, Investment banking, Derivative
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Company skills are test

Q1. Self introduced and investment banking
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Good communication skills

Q1. Brief introduction about company and self
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Q1. Finance and accounts
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