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    Question

    Under the new direct tax regime, the tax rate for income

    between ₹16 lakh and ₹20 lakh per annum is:
    A 10% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 25% Correct Answer Incorrect Answer
    E 30% Correct Answer Incorrect Answer

    Solution

    Detailed Explanation: In the revised tax slab structure: • ₹0–4 lakh → NIL • ₹4–8 lakh → 5% • ₹8–12 lakh → 10% • ₹12–16 lakh → 15% • ₹16–20 lakh → 20% • ₹20–24 lakh → 25% • Above ₹24 lakh → 30% These rationalized slabs simplify compliance while broadening relief.

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