Question
From the following particulars furnished by Mr X
residing in Delhi, find the taxable amount of HRA. Basic Salary (per annum) is ₹ 3,00,000, House Rent Allowance (per annum) is ₹ 60,000 and Rent paid for house in Delhi is ₹ 75,000.ÂSolution
To calculate the exempt amount of House Rent Allowance (HRA) for Mr. X, we need to compare three amounts: Actual HRA Received: ₹60,000 Rent Paid minus 10% of Basic Salary: ₹75,000 - (10% of ₹3,00,000) = ₹75,000 - ₹30,000 = ₹45,000 50% of Basic Salary for Metro Cities: 50% of ₹3,00,000 = ₹1,50,000 The exempt HRA amount will be the minimum of these three calculations. So, in this case, the exempt HRA amount is ₹45,000. Taxable amount of HRA = 60,000-45000 = 15000
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be true...
Select the number combination of letters that when placed sequentially in the blanks of the given series will complete the series.
F _ F U _ T ...
Select the option that is related to the third term in the same way as the second term is related to the first term.
AOE : FUJ :: RKT : ?
If, 35*41 = 13 and 47*35 = 10, then what should 29*59 =?
Select the option that is related to the third number in the same way as the second number is related to first number and the sixth number is related t...
Statements: N > U < I ≤ R < D < A; K ≥ O = G > X = E > A
Conclusions:
I. R < E
II. K > D
III. U ≥ X
...Select the option that is related to fifth number in the same way as the second number is related to the first number and the fourth number is related t...
Select the option in which the numbers are not related in the same way as are the number of the following set.
(15, 28, 45)
Select the set of numbers that is similar to the following set:
(11, 133, 56)
Select the option in which the letters share the same relationship as that shared by the given pair of letters.
MB: SH :: HU:?
