Mott MacDonald Human Resource and Shared Service Specialist Interview Questions and Answers

A budget is a financial plan that outlines expected income and expenses over a specific period of time.

• A budget helps individuals and organizations to manage their finances effectively.

• It involves estimating income and expenses for a specific period of time, usually a year.

• Budgets can be used for personal finances, business operations, and government spending.

• Examples of budget categories include housing, transportatio...read more

TDS stands for Tax Deducted at Source. It is a tax collection mechanism in India.

• TDS is a system where tax is deducted at the source of income.

• It is applicable to various types of income such as salary, interest, rent, etc.

• The person or entity making the payment is responsible for deducting the tax and depositing it with the government.

• The rate of TDS varies depending on the type of income and the amount being paid.

• TDS...read more