Question
The Union Budget 2024-25 introduced changes to capital
gains taxation. What is the revised annual exemption limit for capital gains, aimed at benefiting lower and middle-income taxpayers? Read the following passage and answer the following question (Q18 to Q20). The Union Budget 2024-25 introduces various measures to drive India's economic growth, focusing on areas such as rural development, agriculture, and employment generation. One of the significant policy changes includes an emphasis on enhancing the infrastructure in rural areas through public-private partnerships, while another focuses on creating a robust digital ecosystem for governance and financial inclusion. Additionally, the government has outlined reforms to improve the efficiency of public spending, with special provisions for the agriculture sector. Employment-linked incentive programs are also being launched to support youth and promote workforce participation, especially in underserved regions of the country. The budget also touches on tax reforms aimed at simplifying compliance for individuals and corporations, ensuring that the burden of taxation is equitably shared while promoting growth and investment. Further investments in research and development, especially in clean energy, are expected to generate new opportunities for innovation and employment.Solution
The capital gains exemption limit was increased to ₹1.25 lakh per year in the Union Budget 2024-25, with the aim of providing relief to lower and middle-income taxpayers.
Select the correct SYNONYM of the given word.
magnificent
In the following question, choose the word which is opposite in meaning to the given word.
Trivial
Choose the word opposite in meaning to the given word.
Ascend
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
INCONVEN...
India can use asset monetisation (A) proceeds to whittle (B) down its debt and that will help improve (C) Â the credit rating, that can be the best fisc...
Person with independent or unorthodox views
1) The movie was
2) all ready halfÂ
3) way when we
4) reached the theatre.
5) No error
Choose the option that is an antonym of the word in capitals.
 The boy is PUNISHED and so cannot go out to play with his friends.
Ammeter : Current :: Altimeter : ?
Select the most appropriate synonym of the given word.
Surreptitious
