Multiple Choice Questions on In Income tax 10 surcharge is applicable to individuals who earn ........ for IBPS (PO/SO) Preparation

Indian Economy

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Indian Economy - Understanding the basics of Indian economic system

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    In Income tax, 10% surcharge is applicable to individuals who earn ____. 

    This questions was previously asked in
    IBPS PO Mains-2017

    Rs. 10 lakh to Rs. 50 lakh 

    Incorrect Answer

    Rs. 20 lakh to Rs. 1 Crore 

    Incorrect Answer

    Rs. 50 lakh to Rs. 1 Crore 

    Correct Answer

    Rs. 1 Crore to Rs. 5 Crore 

    Incorrect Answer

    Rs. 5 Crore & above

    Incorrect Answer
    Explanation:

    Rs. 50 lakh to Rs. 1 Crore 

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