The periodic payment of money for the past service is known as ........................
A) gratuity
B) pension
C) commuted pension
D) leave salary
Correct Answer:
Verified
Q4: Any payments made under and awards instituted
Q5: Allowances of MP/M.L.A / or M.L.C are.
A)fully
Q6: The existing Maximum Marginal Rate of tax
Q7: Which of the following is not included
Q8: Share of income from firm is................
A)taxable in
Q10: Pension is taxable under ..........................head.
A)salary
B)house property
C)capital gains
D)other
Q11: . Salary received by a partner from
Q12: Family pension received by the widow of
Q13: Salary paid by an employer out of
Q14: Salary received by a Member of Parliament
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