Multiple Choice Questions on Which of the following is not the rate of tax slab in the Union Budget 2020 21 ........ for RBI Grade B Exam Preparation

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Multiple Choice Questions

Which of the following is not the rate of tax slab in the Union Budget 2020 21 ........

Finance (RBI) Public Finance The union budget
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    Which of the following is not the rate of tax slab in the Union Budget 2020-21?

    10%

    Incorrect Answer

    15%

    Incorrect Answer

    25%

    Incorrect Answer

    40%

    Correct Answer
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    Explanation:

    The Finance Minister of India has introduced two new rates of income tax. These new rates are 15% and 25%. But the tax rate of 40% is not added into the new Union Budget 2020-21. 

    By: Srishti Gupta
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