If a non-government employee receives leave encashment payments from more than one employer in the same previous year, what is the maximum aggregate amount that can be exempt from income-tax?
The tax exemption on leave encashment of non-government salaried employees (in respect of the period of earned leave at his credit at the time of his retirement, whether on superannuation or otherwise) was earlier upto a limit of Rs.3 lakh only under section 10(10AA)(ii) of the Income-tax Act,1961(the Act). In pursuance to the proposal in the Budget Speech, 2023, the Central Government has notified the increased limit for tax exemption on leave encashment on retirement or otherwise of non-government salaried employees to Rs. 25 lakh w.e.f. 01.04.2023. The aggregate amount exempt from income-tax under section 10(10AA)(ii) of the Act shall not exceed the limit of Rs. 25 lakh where any such payments are received by a non-government employee from more than one employer in the same previous year.
Which of the following is NOT a physical method of food preservation
Loans upto ______ pledge/hypothecation of agricultural produce including WHR for a period not exceeding 12 months against NWR/eNWRS are eligible to clas...
The concept of Krishi Vigyan Kendra was launched on the recommendation of which of the following committee?
Micronutrients are better absorbed and more bioavailable from:
Lines passing through the least cost points in the isoquant map is called:
The bollworm which covers the opening once it enters into the boll is?
Term used to the organism genetic composition having two identical allele for a trait
What is the ESP of saline-alkaline soils?
A condition in which certain foods trigger an abnormal immune response is called a:
The alcohol content of wine during fermentation and the ripeness of fruits before harvesting is assessed by using a: