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Section 16 of the Income Tax Act allows a standard deduction of Rs. 50,000 from the gross salary of an employee. This deduction is available to all salaried employees, irrespective of their income or deductions claimed under other sections. The standard deduction is a flat deduction, which means that it is not dependent on the actual expenses incurred by the employee. It is a way of providing a basic level of tax relief to all salaried employees.
What is the size of semi intensive fish farm pond?
Based on mode of organization and functioning groups are classified as:
The ear cockle disease of wheat occurs in most of the wheat-growing parts of the world. Ear cockle of wheat is caused by
Little leaf in mango and cashew is due to deficiency of
A Petty food manufacturer is someone who has a tiny food businesses with an annual turnover not exceeding:
The other name for chloroform is-
According to Basic Animal Husbandry Statistics 2023, total milk production in the country during 2022-23 is estimated to be _____
The wild progenitor of pigeonpea is
An irrigation project is called as medium irrigation project when CCA is
Which of the following type of plough is generally used for the breaking the hard pans?