Entertainment allowance to govt. employees is exempted, which is least of 20% of basic salary or actual allowance or…………….. January 11, 2022January 11, 2022 administrator A. rs. 1,000.B. rs. 2,000.C. rs. 20,000.D. rs. 5,000. Share the Post Share the Post
Hostel expenditure allowance is exempted up to……………… January 11, 2022January 11, 2022 administrator A. rs. 300 per month per child.B. rs. 200 per month per child.C. rs. 150 per month per chiD. Share the Post Share the Post
Children education allowance is exempted up to……………… January 11, 2022January 11, 2022 administrator A. rs. 200 p.m. per child.B. rs. 300 p.m. per child.C. rs. 100 p.m. per childD. Share the Post Share the Post
Education allowance is exempted for a maximum of………………. January 11, 2022January 11, 2022 administrator A. one child.B. two children.C. three children.D. four children. Share the Post Share the Post
Exempted limit of HRA in metropolitan cities is. January 11, 2022January 11, 2022 administrator A. 50% of salary.B. 40% of salary.C. 15% of salary.D. none of these. Share the Post Share the Post
House rent allowance is……………….. January 11, 2022January 11, 2022 administrator A. fully exempted.B. partly taxable.C. fully taxable.D. actual rent paid alone is taxable. Share the Post Share the Post
Dearness allowance is taxable in the hands of…………….. January 11, 2022January 11, 2022 administrator A. govt employeesB. non govt employeesC. all employees.D. none of these. Share the Post Share the Post
Allowances received by a government employee posted abroad are…………. January 11, 2022January 11, 2022 administrator A. fully exempted.B. partly exempted.C. fully taxable.D. taxable by the country where posted. Share the Post Share the Post
Salary received by a member of parliament is. January 11, 2022January 11, 2022 administrator A. taxable as salary incomeB. exempt from tax sources.C. taxable as income from other sources.D. none of these. Share the Post Share the Post
In case of Tax free salary, ………………………………… January 11, 2022January 11, 2022 administrator A. tax is to be paid by employerB. no tax is payable on such salaryC. tax is to be paid by the employee.D. govt, itself pays the tax at a future date. Share the Post Share the Post