Question
According to Union Budget 2023-24, consider the
following statements regarding the Income Tax: Â 1. It is proposed to increase the rebate limit to Rs 7 lakh in the both tax regime. 2. It is proposed to change the tax structure in only the new tax regime by reducing the number of slabs to six. 3. Tax exemption limit has been increased to 3 lakh. Â Which of the above statements is/are correct?Solution
It is proposed to increase the rebate limit to Rs 7 lakh in the new tax regime. Thus, persons in the new tax regime, with income up to Rs 7 lakh will not have to pay any tax. Â The second proposal relates to middle-class individuals. I had introduced, in the year 2020, the new personal income tax regime with six income slabs starting from 2.5 lakh. Â I propose to change the tax structure in this regime by reducing the number of slabs to five and increasing the tax exemption limit to 3 lakh. Hence, it is not related to indirect tax.
Find the unit digit in (257)45 × (248)73.
A Student was asked to add 8 and subtract 5 from a number. By mistake, he added 5 and subtracted 8. If his answer is 11, what should be the correct answer?
- What is the remainder when
Which term of the arithmetic progression 88, 90, 92, 94... is 142?
15Â Â Â Â Â Â Â Â Â Â 15Â Â Â Â Â Â Â Â Â Â 60Â Â Â Â Â Â Â Â Â Â 540Â Â Â Â Â Â Â Â 8650
...Four friends are jogging on a circular track starting from the same point. Their strides are 48 cm, 54 cm, and 72 cm respectively. What is the least dis...
The total of six consecutive even numbers in Set A is 402. In Set B, the smallest number is 15 less than twice the smallest number in Set A. What is the...
A two-digit number has a sum of its digits equal to 12. Additionally, if 45 is subtracted from this number, the resulting number has its digits reversed...
What is the average of all the prime numbers which are less than 35?
In a school, girls constitute 45% of the total strength of the school. Out of total number of students, 20% students were selected for annual sports com...
