
Is personal accident insurance covered under Section ?
Important Questions on Banking and Taxation
What will be education cess at the rate of if taxable income is ?

The income of a government employee in financial year was . She deposited as yearly premium on life insurance policy, every month in General Provident Fund and she also purchased a national savings certificate worth . If a maximum of Rs. one lakh can be invested in any type of saving to qualify for tax rebate, then calculate the payable tax.
The rates of tax are as follows:
Sl.No. | Tax Limits | Rate of Tax |
Up to | NIL | |
to | ||
to |
In addition, a education cess has to be paid over the income tax. Find your answer in

Educational cess at the rate of on given taxable amount will be:

The income of a government employee in financial year was . He deposited as yearly premium on life insurance policy and every month in General Provident Fund. If a maximum of can be invested in any type of saving to qualify tax rebate, then calculate the payable income tax.
The rate of tax are as follows:
SL.No. | Tax limits | Rate of tax |
. | Up to | Nill |
. | to | |
. | to |
In addition, a education cess has to be paid over the income tax. Find your answer in







Check whether Miss. Nikita has to pay income tax. Write Yes/No.
Name | Age | Taxable Income | Will have to pay income tax or not |
Miss. Nikita | _____ |




A person has earned his income during the financial year. Then his assessment year is



Which of the following refers to the difference between indirect taxes and subsidies.



