New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    During 2020-21 period, the corporate taxes are estimated

    to be around_______?
    A 6.50 Lakh crore Correct Answer Incorrect Answer
    B 6.95 Lakh crore Correct Answer Incorrect Answer
    C 6.21 Lakh crore Correct Answer Incorrect Answer
    D 7.25 Lakh crore Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Gross tax revenue for the 2020-21 period has been reported to the tune of Rs.22.7 lakh crore. Among the significant increase in this year’s budget estimates, corporate taxes are estimated to be around Rs.6.21 lakh crore compared to Rs.5.39 lakh crore in the previous year estimate.

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