Raman is a State Government Employee. The details of his income from salary for FY 25-26 are given below: Basic Salary received during the…
CA Final · Direct Tax Laws and International Taxation · PYQS · May 2026
Raman is a State Government Employee. The details of his income from salary for FY 25-26 are given below: Basic Salary received during the year:12,00,000Dearness allowance:6,00,000Contribution made by the State Government to the NPS account of Mr. Raman as employer's contribution:1,44,000Raman invested 80,000 in LIC eligible for deduction under Section 80C.NPS contribution deducted by the employer as employee's contribution in NPS and credited to his NPS account:1,44,000Raman also paid Medical insurance premium - 30,000 in terms of Section 80D Based on the above information deduction from the Gross Total Income under default tax regime in the case of Mr. Raman works out to - (2 Marks)
Suggested Answer and Working Notes:
Correct Answer: Option (A)
₹ 1,44,000
Topics: Deductions from Gross Total Income, Assessment of Various Entities
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