Start learning 50% faster. Sign in now
The salaried individuals and pensioners can claim a certain amount under standard deduction under Income Tax Act, by default without any investment or spending of money by the taxpayers. The provision was taken down for a number of years and was re-introduced during the Budget announcement in 2018. With effect from FY 2024-25, under the new tax regime , the standard deduction is increased to Rs.75,000 , while salaried taxpayers are eligible for the standard deduction of only Rs.50,000 under the old regime.
What is the default amount for initiating the CIRP as provided under the IBC?
In a Criminal proceeding against any person, husband and wife of such person are _____________
A is accused of burning down his house in order to obtain money for which it is insured. The facts that A lived in several houses successively, each of ...
Whether testimony of accomplice witness requires corroboration?
Sections 68 to 72 Of The Indian Contract Act, 1872 deals with________.
National Institute of MH & NS v. C. Parameshwara discusses the scope of :
The __________________ shall establish one or more Tribunals, to be known as the Debts Recovery Tribunal, to exercise the jurisdiction, powers and auth...
What is the punishment for mischief?
Which of the following is true about interest of unborn in transfer of property?
Can a dumb person be a witness?