The 2023 G20 summit was held in New Delhi, India, on September 9-10, 2023. The main venue was the Pragati Maidan, a large exhibition complex in central Delhi. The summit was also held at other venues in New Delhi, including the Hyderabad House, the Prime Minister's residence, and the India International Centre. The 2023 G20 summit was attended by the leaders of the 20 member countries of the G20, as well as the leaders of several invited countries, including Argentina, Indonesia, Senegal, South Africa, and Turkey. The summit was also attended by the heads of international organizations, such as the United Nations, the World Bank, and the International Monetary Fund. The G20 Delhi Declaration was the outcome document of the 2023 G20 summit. It was a 38-paragraph document that covered a wide range of issues, including: The global economy and finance: The declaration called for continued efforts to strengthen the global economy and financial system. It also emphasized the importance
DEDUCTIONS * [AY 2023-24] Section Nature of deduction Who can claim (1) (2) (3) Against 'salaries' 16(ia) Standard Deduction [Rs. 50,000 or the amount of salary, whichever is lower] Individual – Salaried Employee & Pensioners 16( ii ) Entertainment allowance [actual or at the rate of 1/5th of salary, whichever is less] [limited to Rs. 5,000] Government employees 16( iii ) Employment tax Salaried assessees Against 'income from house properties' 23(1) , first proviso Taxes levied by local authority and borne by owner if paid in relevant previous year All assessees 24( a ) Standard deduction [30% of the annual value (gross annual value less municipal taxes)] All assessees 24( b ) Interest on borrowed capital (Rs. 30,000/Rs. 2,00,000, subject to specified conditions) All assessees 25A(2) Standard deduction of 30 per cent of arrears of rent or unrealised rent received All assessees Against 'profits and gains of business or profession' A. Deductible ite