CLAT CLAT Solved Paper-2012

  • question_answer
    As per the Indian Union Budget of 2012-13, the income tax exemption limit for persons below 65 yr of age is

    A)  Rs 175000                 

    B)  Rs 200000

    C)  Rs 250000                 

    D)  Rs 190000

    Correct Answer: B

    Solution :

    Ans.  As per the Union Budget of 2012-13, up to Rs 2 lakh - Nil Rs 2-5 lakh -10% Rs 5-10 lakh - 20% Above Rs 10 lakh - 30%


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