Question
An employee receives gratuity of ₹12 lakhs on
retirement. What is the maximum tax-exempt amount under the Income Tax Act?Solution
As per current rules, ₹20 lakhs is exempt for gratuity received by non-government employees under Payment of Gratuity Act.
Which of the following funds is an Initiative by Government of India to cater to the borrowing requirements of Public Sector by pooling investments from...
What do you call a person who studies the elections and trends in voting?
Which country has won the Uber Cup champions trophy, held at the Impact Arena, Bangkok, Thailand in May 2022?
As on July 2020, employees whose monthly wages are ______ or below are covered under the ESI Act.
Which of the following dances comes from southwestern India, around the state of Kerala?
What does B mean in APBS, which is an –Aadhaar linked bank account?
In which year did India first participate in the Olympic games?
Which statement of the following in are INCORRECT about the 2023 Plastic Overshoot report by Swim-based research conmitancy Earth Action (EA)?
1....
Which of the following states recently announced to join the Pradhan Mantri Fasal Bima Yojana ( PMFBY ) scheme seeking to compensate farmers against cr...
Which of the following is/are the CORRECT statements about Director General of the Indian Coast Guard ?
1. DG Rakesh Pal has been appointed as th...
