📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    According to the Budget 2023-24, what is the rate of tax

    for Income tax slab between the income of Rs 6 Lakh to Rs 9 Lakh?
    A 5 percent Correct Answer Incorrect Answer
    B 7 percent Correct Answer Incorrect Answer
    C 10 percent Correct Answer Incorrect Answer
    D 12 percent Correct Answer Incorrect Answer
    E 15 percent Correct Answer Incorrect Answer

    Solution

    Income from Rs 500,001 to Rs 10 lakh is taxed at 10 per cent and above Rs 9 lakh to 12 lakh is taxed at 15 per cent.

    Practice Next
    More Previous Year Paper Questions