Question
The new Income Tax (No. 2) Bill, 2025 replaces which
previous legislation?ÂSolution
The Income Tax (No. 2) Bill, 2025 replaces the Income Tax Act, 1961. It adopts 285 recommendations from the Select Committee, simplifies tax language, introduces “Tax Year” in place of “Previous Year” & “Assessment Year,” and provides various compliance and relief measures.Â
Acrimony
The Board of Directors showered encomium on the Chairman for his liberal policies.
- Choose the word similar in meaning to the given word:
Sycophant Select the most appropriate antonym of the given word.
Authentic
Select the most appropriate synonym of the given word.
OMISSION
Select the INCORRECTLY spelt word.
A) Infringe            B) Gallant   C) Obey          D) decay
...Select the most appropriate antonym of the given word.
Derision
While India has resumed (A) international flights, red tape left roughly 50 passengers stranded (B) for nearly 48 hours at Yangon airport as the baton ...
Select the most appropriate opposite of the given
CRITICS
