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    5. Rajiv earns an annual income of ₹13 lakh. Under the new tax regime for FY 2024-25, what tax slab a

    Question

    Rajiv earns an annual income of ₹13 lakh. Under the

    new tax regime for FY 2024-25, what tax slab applies to him?
    A 5% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 30% Correct Answer Incorrect Answer

    Solution

    As per the new tax regime for FY 2024-25, an individual earning between ₹12 lakh and ₹15 lakh is taxed at 20%. Rajiv's income of ₹13 lakh falls within this range.

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