New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    A tax payer pays Rs.2,10,000/- as income tax in a given year. If the rate of tax is nil on the first 2 lakh, 15% on the next 8 lakh and 25% on the rest, then the annual income is

    A 15 lakh Correct Answer Incorrect Answer
    B 13.6 lakh Correct Answer Incorrect Answer
    C 14.8 lakh Correct Answer Incorrect Answer
    D 16 lakh Correct Answer Incorrect Answer

    Solution

    The correct answer is B

    Practice Next