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 Articles of the Indian Constitution mentions about the organisation of ‘Village Panchayats’?
Which substance changes the rate of chemical reactions and remains chemically different during reaction?
As per Union budget 2023 - 24 . India is largest _______ and second largest _______ of Shree Anna in the world .
Which Nagar Panchayats in Uttarakhand have nominated Panchayats instead of elected ones?
What is the term used in insurance in which the ratio of premium underwritten in a particular year to the GDP.
Which Five-Year Plan in India was mainly focussed on Garibi Hatao, creation of employment opportunities and agricultural production amongst other objec...
GE Power India Limited is in collaboration with which government company for reducing carbon intensity?
Which east-flowing river basin covers the states of Jharkhand, Chhattisgarh and Orissa and has a Drainage area of 39,033 sq km?
Neermahal at Melaghar, Tripura was built by
Consider the following statements:
1.The Eighth Schedule of the Indian Constitution lists 22 languages recognized as scheduled languages of India...
