Answer-Dearness allowance is taxable in case of:

Solution Normally, Dearness Allowance or DA is only paid by the Government to its employees. However, it is fully taxable for every salaried taxpayer irrespective of whether heshe is a government or non-government employee.

Question

Dearness allowance is taxable in case of:

A all employees

B government employees

C employees of the private sector

D employees of the semi-government sector

Practice Next

More Accounts Questions

…………… is the % by how much % can the sales drop down before the organisation start making losses
Execution risk refers to:
A company produces 1,000 units. Standard material consumption per unit is 4 kg @ ₹25/kg. Actual consumption is 4,500 kg @ ₹24/kg. Calculate the Material Us...
IRR is the rate at which:
EBIT = ₹5,00,000; Interest = ₹50,000; Preference dividend = ₹25,000; Tax = 30%. Compute Financial Leverage.
A software firm enters a contract for software license, customization, and after-sales support. Revenue is recognized over time for customization but at a ...
Capital structure of a firm influences the:
Under the Credit Guarantee Fund for MUDRA Loans (CGFMU), collateral-free loans are available up to what amount for eligible startups under the Pradhan Mant...
Economic life of an enterprise is split into the periodic interval as per which concept?
State which statement is correct:

Relevant for Exams:

HPCL CA

Hey! Ask a query

Dearness allowance is taxable in case of:

Detailed Solution

More Accounts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login