Question
What is the limit amount for deduction in respect of
Medical/Health Insurance Premium under Section 80D of the Income Tax Act, 1961?Solution
Explanation: Under Section 80D, the deduction limit for Medical/Health Insurance Premium is ₹25,000 for individuals below 60 years of age and ₹50,000 for senior citizens.
40 men can complete a piece of work in 40 days. ‘x’ men started the work and after 30 days 64 more men joined them so that whole work was finished i...
Work efficiency of Chacha and Bhatija are in the ratio of 3 : 1. They working together to do a piece of work and completed the work in 24 days. Now in h...
A does 2/5 of a work in 9 days. Then B joined him and they together completed the remaining work in 6 days. B alone can finish the whole work in
...
There are three taps of diameter 2 cm, 3 cm, and 4 cm, respectively. The ratio of the water flowing through them is equal to the ratio of the square of ...
6 women and 4 children can complete a piece of work in 12 days. If 3 more women join them, they can finish 3/5 of the work in 6 days. Find the time take...
Efficiency of A, and B are in the ratio of 2 : 3. If both can do a work together in 60 days. Find out how much days A will take to complete the work alone?
132 unit of work can be completed by P alone in 22 days. P started working alone and joined by Q after 10 days such that they completed the remaining wo...
A’ and ‘B’ together can complete a work in 10 days while ‘A’ takes 30 days to complete the same work alone. If ‘C’ is 50% more efficient t...
A group of 24 men is capable of finishing a task in 15 days. Initially, 12 men begin the job and work on it for 12 days. After this period, an additiona...
'A' is 40% less productive compared to 'B', who is 25% more productive than 'C'. Together, they can finish a task in 45 days. After 'B' and 'C' have col...
Relevant for Exams:
