Question
What is the maximum income limit within a financial year
for salaried resident individuals to be eligible to file the ITR 1 form for income tax returns in India?Solution
Salaried resident individuals with a maximum income of Rs 50 lakh within a financial year are eligible to file the ITR 1 form. • ITR 1 Applicability: o Income source should primarily be salary or pension. o Income may include a single property and other sources (excluding horse racing, gambling, lotteries, etc.). o The taxpayer should not own property outside India. o No foreign income should be received. o Interest income from savings, deposits, and family pension is allowed.Â
- To prevent the spread of any disease, it is necessary to administer medicines on time. A common fallacy among people is that medicine needs to be taken onl...
Statement: Should graduation be made minimum educational qualification for entry level jobs in any public sector organisation?
Argument:
<...To improve workplace productivity, the management of XYZ Ltd. introduced a policy requiring all employees to start their day with a 30-minute team meet...
Statements :
I. Many people are seen wearing helmets on two wheelers these days.
II. Over-speeding vehicles are being fined heavily by ...
Statement: Should national anthem be played before movies in the theater.
     Arguments:
    I. Yes, th...
Statement:
Should electric vehicles (EVs) be made mandatory for all new vehicle purchases in urban areas?
Arguments:
I. Yes,...
 When evaluating an argument, what does it mean to "beg the question"?
Statement: Should children be prevented completely from using the social media.
Arguments:
1)Â No, they get connected with other peopl...
Passage:
Some education experts argue that introducing coding at the primary school level enhances logical thinking, creativity, and problem-solv...Statement: Should there be a complete ban on extracurricular activities in college.
Arguments:
I. No, there is nothing wrong in partic...
