Question
Which of the following section deals with deduction in
respect of Interest on deposits in savings/FD account in case of resident senior citizens?Solution
Section 80TTB allows a deduction of up to Rs. 50,000 in respect of interest income on all types of deposits (savings, fixed, recurring, etc.) for resident senior citizens (individuals who are 60 years of age or above).
- Under which constitutional article has the Centre issued new regulations for Ladakh?
Under the SMILE program, what is the target reduction in logistics costs as a percentage of GDP by 2030?
Who among the following is the author of the book 'Life on Mars: Collected Stories'?
- Which ruler of the Delhi Sultanate is historically noted for transferring the capital from Delhi to Daulatabad?
In February, 2024, Indian Prime Minister Narendra Modi inaugurated the BAPS Hindu Mandir in which city, marking the first Hindu temple in the Middle East?
Which airport was ranked as the busiest airport overall in 2022, according to the rankings released by Airports Council International?
How many GPU supercomputers will India build for self-reliant AI advancement?
Which Indian State/UT inaugurated the Udhampur–Baramulla railway on the June 6th, 2025?
- Blood is classified as which type of tissue?
By which year does India aim to achieve net-zero carbon emissions?
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