Question

Consider the following statement: I. Highest

surcharge rate on income above 5 crore to be reduced from 37% to 30% under new regime II. Extending benefits of standard deduction to new tax regime for salaried class and pensioners III. Increasing tax exemption limit to 25 lakh on leave encashment on retirement for non-government salaried employees Which of the above statement is/are not correct?

A I only

B II and III only

C III only

D I, II and III

E II only

Practice Next

More Banking System in India Questions

9999² + 1111² =?
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Evaluate: 195 ÷ 13 × 8 + 220 – 30% of 500
What will come in the place of question mark (?) in the given expression?

(308 – 154) ÷ 11 = ? ÷ 15
729^2/3 = ?
(2² × 5² ) + 4 × 6 = ? - √324
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20 * 8 + 40% of 100 + 60% of 150 = ?
?% of 24% of 1200 + 12 × 11 = 204
1500 × 60% of 25% = ? ²

Consider the following statement: I. Highest

Solution