Question
Mr. Raj, a salaried individual, claims HRA, standard
deduction, and 80C deductions under the old regime. He is considering switching to the new tax regime under Section 115BAC. Which of the following will he have to forego under the new regime?Solution
Under the new regime (Section 115BAC), most exemptions and deductions including HRA and 80C are not allowed (except 80CCD(2) and some employer contributions).
Which of the following is not one of the objectives of Sustainable Development?
Which of the following is a key eligibility criterion for availing funding under the ARISE project funding product?
The process in which certain types of assets are pooled so that they can be repackaged into interest-bearing securities is called:
Which of the following insurance company was the first Insurance Company to adopt UPI Auto debit facility?
Which combination of positions will tend to protect the owner from downside risk?
Who is the President of the Confederation of Indian Industry ?
Calculate Current Ratio
Particulars (Rs.)
Inventories 50,000
Trade receivables 50,000
Advance tax 4,000
Cash an...
Over 75 Districts in the country the Prime Minister has dedicated 75 DBU’s for more financial inclusion and availability of banking services nationall...
The primary objective of the FIT Rank for MSMEs is to:
In the banking market in 2020, which two banks have contributed maximum in the industry profits?
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