Question
What is the amount which is allowed as standard
deduction under section 16 from Gross salary while computing the Income under head salary?Solution
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.
_________ term is used for those hardware devices that are not part of the main computer system and are often added later to the system.
What type of operating system manages a group of networked computers and makes them appear as a single computer?
Errors in computer programmes are called :
Recording a television programme on a VCR is an example of
A _________ is a text file that a Web browser stores on a user’s machine.Â
The largest unit of storage is
An Operating System is an example of:
Which of the following is the appropriate definition for Information Technology?
The most suitable type of network that phone lines would us is
What type of operating system switches tasks based on their priorities or external events?