Railway Accounts Department Examinations

LC - Letter of Credit (Most important question for Expenditure and Stores optional) ·          New initiative in Indian Railway...

Composition Scheme ü   Opted by any Taxpayer whose turnover is less than Rs. 1.5 Crores  (Rs.75 Lakhs in case of North Eastern States...

Input Tax Credit ·          What is Input Tax Credit ?   Ans:   Input Tax Credit  means at the time of paying tax on output, you ca...

Social Service Obligations /Social costs in Indian Railways ü   What is social service Obligation or Social cost ? Ans: To carry ...

WTR - WAGON TURN ROUND ü   Definition:   The interval of time between two successive loadings of a wagon is called Wagon Turn Round...