What is the amount which is allowed as standard deduction under section 16 from Gross salary while computing the Income under head salary?
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.
If a four-letter meaningful English word is formed by using the 1st letter, the 3rd letter, the 5th letter and the 10th letter (from the left end) of th...
A group of alphabets are given with each being assigned a number. These have to be unscrambled into a meaningful word and correct the order of letters m...
A group of alphabets are given with each being assigned a number. These have to be unscrambled into a meaningful word and correct order of letters may b...
If it is possible to form a meaningful English word by using the 3rd, 5th, 6th, and 7th letter (from the lef...
If a meaningful four-letter English word is formed by using the 2nd, 5th, 6th and 10th letter (from the left end) of the word ‘TRIANGULATION’ then ...
Select the combination of numbers so that the letters arranged accordingly will form a meaningful English word.
Select the combination of numbers so that the letters arranged accordingly will form a meaningful English word.
Unscramble the following letters to frame a meaningful words, then find out the correct numerical position of the letters:
NÂ Â Â TÂ Â Â FÂ Â Â...
Select the word which cannot be formed using the letters of the given word. (Using the letters only once).
CLAVULANATE
If a meaningful English word is formed by using the 1st, 3rd, 6th and 9th letter (from the left end) of the word ‘ PREVENTION ’ then which of the fo...