Arya Omnitalk Article Assistant Interview Questions and Answers

Changes in budget refer to modifications made to the financial plan or allocation of funds.

• Changes in budget can include increases or decreases in funding for specific projects or departments.

• Budget changes may result from unexpected expenses, revenue fluctuations, or strategic shifts in priorities.

• Effective budget management involves monitoring changes and adjusting plans accordingly.

• Examples of budget changes could b...read more

Direct tax is levied on individuals and businesses directly by the government, while indirect tax is passed on to consumers through goods and services.

• Direct tax is paid directly by the taxpayer to the government, such as income tax and corporate tax.

• Indirect tax is collected by an intermediary (like a retailer) from the consumer and then passed on to the government, such as sales tax and GST.

• Direct tax is progressive ...read more