What is the amount which is allowed as standard deduction under section 16 from Gross salary while computing the Income under head salary?
Section 16 of the Income Tax Act allows a standard deduction of Rs. 50,000 from the gross salary of an employee. This deduction is available to all salaried employees, irrespective of their income or deductions claimed under other sections. The standard deduction is a flat deduction, which means that it is not dependent on the actual expenses incurred by the employee. It is a way of providing a basic level of tax relief to all salaried employees.
Which of the following shows epigeal germination?
Jam and jellies are mainly spoiled by
Rice crop is transplanted at spacing of 20 cm ×10cm by using 2 seedlings per hill. Calculate the plant population in 2000m2 area.
Oestrus cycle is very important to know the right time for AI . In which phase of oestrus cycle implantation of embryo takes Place?
Soil moisture is not measured by
Which of the following State has Celebrated the 3rd edition of the annual orange festival 2023?
Agricultural markets vere classified into regulated and unregulated market on the basis of
Which of the following statement is correct about Certified seed?
Genes located on sex chromosomes and the associate linkage of such genes is termed as sex linkage . An example of sex linkage is
World Forestry Day is celebrated on