CAT 2024 Last Batch ๐งโ๐ Starts on Monday (22nd July). Enroll now
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According to Companies Act when the dividend proposals exceed 20% of the Paid Up Capital, the amount to be transferred to reserve shall not be less than
7.5 per cent of the current profit
10 per cent of the current profit
12.5 per cent of the current profit
15 per cent of the current profit
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