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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.
In a certain code language, ‘NATURAL’ is coded as ‘RXXRVXP’, then ‘ORANGES’ will be coded as ____ in the same code language.
...If ‘HAMPER’ is coded as '22', ‘SURFACE’ is coded as '58', then what is the code for ‘PAPER’ in the same code language?
Which are the following is the code are ‘archieving’?
In a certain code language, ‘EASTERN’ is written as ‘GZUSGQP’ and ‘CULTURE' is written as ‘ETNSWQG’. How will ‘CLASSES’ be written in ...
If NORMAL is coded as MPQLBK and HOWARD is coded as GPVBQC, then what is the code for LEARNER?
In a certain code language, ‘FRENCH’ is written as ‘GQFMDG’. What will be the code for ‘HAMPER’ in that code language?
What is the code for “Others” in the given code language?
In a certain code language, ‘DIRTY’ is written as 'EKUXD'. How will ‘SWITCH’ be written in that language?
What is the code of 'president'?
In a certain code language, 'FOSTER' is written as '36' and 'DANCE' is written as '25'. How will 'ORCHARD' be written in that language?