Question
What is the maximum amount of exemption that is allowed
for gratuity if received at the time of retirementby an employee covered under Payment of Gratuity Act?Solution
Solution Gratuity is a voluntary payment made by an employer in appreciation of services rendered by the employee. In case of gratuity being received at time of retirement or death, the gratuity amount exempt is the least of the following: ·        Rs.20 lakh ·        Actual gratuity received ·        15 days salary (last drawn) for every completed year of service or part in excess of 6 months (no. of days in a month taken as 26) As such, the maximum gratuity that will be exempt is Rs.20 lakh.
Six words Eat, Cry, Play, Sleep, Run and Bath are written on different faces of a dice. Three positions of this dice are shown in the figure. Find the w...
Select the option that is related to the third term in the same way as the second term is related to the first term.
Den : Lion :: Stable : ?
Two statements are given followed by two conclusions numbered I and II. Assuming the statements to be true, even if they seem to be at variance with com...
If A denotes, B denotes, C denotes, and D denotes, then what will be the value of the following expression?
89 A 94 C 35 D 8 B 8 = ?
Choose the alternative which is closely resembles the water-image of the combination.Â
NUCLEARÂ
i) sitting on the third position on the right side of the F, A is sitting in the second position on the left side.
ii) C is either sitting in ...
Below are two statements. You have to take the given statements to be true even if they seem to be at variance with the commonly known facts.
...
In a certain code language
A + B means ‘A is the brother of B’
A – B means ‘A is the father of B’
A × B means ‘A is ...
An amount of 62 is divided among A, B and C such that A gets ₹12 more than B and B gets ₹10 more than C. What is the ratio of their share?Â
Select the number from the given options which can come in place of the question mark (?) in the following series.Â
14, 29, 59, 119, 239, ?
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