People's Forum Interview Questions and Answers

CGT stands for Capital Gains Tax, which is a tax on the profit made from the sale of assets such as property or investments.

• CGT is calculated based on the difference between the selling price of an asset and its original purchase price.

• The tax rate for CGT varies depending on the type of asset and the individual's tax bracket.

• CGT exemptions may apply for certain assets, such as a primary residence or small business.

• CGT...read more

Yes, I am aware of the new circular for microfinance.

• Yes, I am up-to-date with the latest circulars related to microfinance.

• I regularly check for any new circulars issued by regulatory authorities in the microfinance sector.

• Being aware of new circulars helps in ensuring compliance and making informed decisions.

• For example, the recent circular on interest rate caps for microfinance institutions.

Microfinance is a type of financial service that provides small loans and other financial services to low-income individuals or groups who lack access to traditional banking services.

• Microfinance aims to help alleviate poverty by providing financial services to those who are unable to access traditional banking services.

• It typically involves small loans, savings accounts, insurance, and other financial products tailore...read more

The company is a leading retail chain with a strong focus on customer satisfaction and employee development.

• Founded in 1990 by John Smith

• Operates over 500 stores nationwide

• Known for its competitive pricing and high-quality products

• Emphasizes community involvement and sustainability initiatives