An employee is deemed as specified employee if he is a director in the company or has substantial in the company or his chargeable salary per annum exceeds.
A) rs. 5,00,000.
B) rs. 2,00,000.
C) rs. 1,00,000.
D) rs. 50,000.
Correct Answer:
Verified
Q11: Exempted limit of HRA in metropolitan cities
Q12: Education allowance is exempted for a maximum
Q13: Children education allowance is exempted up to..................
A)rs.
Q14: Hostel expenditure allowance is exempted up to..................
A)rs.
Q15: Entertainment allowance to govt. employees is exempted,
Q16: A Perk is.........................
A)cash paid by employer to
Q17: Perquisites to employees are covered in the
Q19: Interest on RPF balance is exempted up
Q20: Employers contribution to RPF is exempted up
Q21: Commuted value of pension is fully exempted
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