Question
According to the Budget 2023, which of the following
changes is/ are correct regarding “ Income tax” ? I. Rebate limit of Personal Income Tax to be increased to Rs . 7 lakh from the current Rs . 5 lakh in the new tax regime . II. The new tax regime was introduced in 2021 . III. According to the new tax regime the highest income tax rate is 30 %.Solution
Rebate limit of Personal Income Tax to be increased to Rs. 7 lakh from the current Rs. 5 lakh in the new tax regime. Thus, persons in the new tax regime, with income up to Rs. 7 lakh to not pay any tax. Tax structure in new personal income tax regime, introduced in 2020 with six income slabs, to change by reducing the number of slabs to five and increasing the tax exemption limit to Rs. 3 lakh. Change to provide major relief to all tax payers in the new regime.
Statements:
Some medals are sports.
All the sports are games.
Conclusions:
I. Some medals are games.
II. No sport is medal
Statement:
Only Metal is Bronze
Some Metal are not Gold
All Gold are Diamond
Conclusion:
...
Statements:
All M are K.
All K are J.
All L are J.
No L is a P.
Conclusions:
I. No K is L...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varian...
Statement:
Only a few mothers are father.
All fathers are daughter.
No daughter is son.
Conclusion:
I. Some mother can never be son.
II. No father is son.
Statements :
Only a few Boat are Ship
Some Ship are River
All River are Fish
Conclusion :
I. Some Boat are Fish
Statements:
Only a few Auctions is Sales.
Only a few Costs is Auctions.
No Cost is Inventory.
Conclusions:
Statements:
All gold are silvers.
All silvers are diamonds.
Some diamonds are ruby
No ruby is silver.
Conclusion...
Statements:All hotels are buses.
Some buses are cars.
All cars are trams.
Some trams are clouds.
Conclusions:I. Some trams a...
In the question below are given four statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true ...
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