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    Question

    According to Union Budget 2023-24, consider the following statements regarding the socioeconomic welfare measures proposed by the government: 

    1. The payment received from the Agniveer Corpus Fund by the Agniveers enrolled in Agnipath Scheme, 2022 is proposed to be exempt from taxes. 

    2. It is proposed to enable co-operatives to withdraw cash up to Rs 3 crore in a year without being subjected to TDS on such withdrawal. 

    3. Certain start-ups are eligible for some tax benefit if they are incorporated before 1st April, 2023, the period of incorporation is proposed to be extended by one year to before 1st April, 2024. 

    Choose the correct option using the codes below:

    A 1 and 2 only Correct Answer Incorrect Answer
    B 1 and 3 only Correct Answer Incorrect Answer
    C 2 and 3 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E 3 only Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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