Indian Economy

Current GK (RBI Ast)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

How much tax has the government announced to impose on income of Rs 3 to 7 lakh in the new tax regime?

10 percent

9 percent

5 percent

12 percent

New tax rate as per Budget 2024 are as follows:

0-3 lakh: Zero tax

3-7 lakh: 5 per cent

7-10 lakh: 10 per cent

10-12 lakh: 15 per cent

2-15 lakh: 20 per cent

15 lakh & above: 30 per cent