Question
What is the amount which is allowed as standard
deduction under section 16 from Gross salary while computing the Income under head salary?Solution
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.
Deficiency of which essential plant nutrient leads to âpop pod in groundnutâ:
Which one the following HCN content in sorghum results in animal toxicity?
Agriculture education day is celebrated on the birth anniversary of
âPusa Nanhaâ is the variety of:Â
The lime requirement of the soil can be met by adding the lime materials such as
GC â TA transversion is caused by:
Rajat Rekha is a mutant cultivar of _____
Which growth parameter indicates the dry matter accumulation per unit leaf area and is used to assess photosynthetic efficiency?
Irrigation method suitable for maize
Which tissue transporting carbohydrates from the leaves as a food supply for the production of energy in the cortex?
Relevant for Exams:
