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
Efficiency of the token ring is high if-
What is the primary purpose of memory management in an operating system?
Which type of circuit allows current to flow in only one direction?
The SI unit for measuring mass is:
Which famous algorithm follows a greedy approach for solving the minimum spanning tree problem in a graph?
Which phase involves creating detailed plans, schedules, and resource allocation for the software project?
Â
Any numbered relationship has how many participating entities?
AB`->` CD
AF`->` D
DE`->` F
C`->` G
F`->` E
G`->` A
Then which of the following is false?
Which optimization algorithm is commonly used for updating the weights of neural networks and helps prevent getting stuck in local minima?
In RAID 5, how is data striping combined with parity information?