It is an extra amount given to an employee to meet the burden of inflation or increased cost of living.

A. House Rent allowanceB. Dearness allowanceC. both a and bD. none of the above Share the PostRelated Posts:An employee is deemed as specified employee if he is a…means fixed quantum of money given regularly in addition to…The area of a Read More …

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An allowance to meet the expenses in connection with the rent of the house, by whatever name called

A. House Rent allowanceB. PerquisitesC. pensionD. none of the above Share the PostRelated Posts:House rent allowance is………………..Value of rent free accommodation a house owned by employer…Entertainment allowance to govt. employees is exempted,…A agrees to sell to B a “hundred tons Read More …

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.A is entitled to children education allowance @ Rs. 80 p.m. per child for 3 children amounting Rs. 240 p.m. It will be

A. 200B. 260C. 160D. 240 Share the PostRelated Posts:Free notebooks were distributed equally among children of a…A building contractor employs 20 male, 15 female and 5 child…The average age of a husband and a wife is 23 years when…Children education Read More …

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