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 Article of the Constitution of India deals with equal justice and free legal aid, inserted as per the 42 nd Amendment under the Directive Principl...
Section 66F deals with:
The 2018 Amendment of the PC Act changed the definition of “criminal misconduct” primarily by:
Plaint shall state precisely the amount claimed in all money suits except amount for________.
Which of the following is a "Scheduled Offence" under the PMLA, 2002?
The term ‘Admission’ is defined in the Indian Evidence Act, 1872 is______.
The maximum number of times a president can be re-elected in India is?
Every promise and every set of promise forming the consideration for each other is______________
What are the characteristic features of a company?
In the context of a contract for the sale of unascertained goods, when does the property in the goods transfer to the buyer?