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Sem 4 Tax Rates MCQ
Sem 4 Tax Rates MCQ
4 Cess is applicable to ________ senior citizens super senior citizens minors all assessee
6 __________tax rate is not applicable to super senior citizens 20% 5% 10% 30%
8 Tax is applicable to senior citizens on income above Rs. ______ 250000 300000 500000 1000000
9 Surcharge is applicable is income exceeds Rs. ________ 50 lakhs 20 lakhs 10 lakhs 100 lakhs
12 Surcharge is charged at ______ is income grater than Rs. One Crore 20% 5% 25% 15%
13 Surcharge is charged at ______ is income grater than Rs. Two Crore 20% 5% 25% 15%
14 Senior citizen means age above ________ 50 years 60 years 70 years 80 years
15 Tax rate for income above Rs. 250000/- is _______ 2% 5% 10% 30%
16 Surcharge is charged at ______ is income grater than Rs. Five Crore 37% 25% 15% 10%
17 Tax rate for foreign company is _________ 40% 25% 15% 10%
18 Tax on income of Rs. 1125200/- for senior citizen is Rs. _______ 147560 153462 150060 156062
19 Tax on income of Rs. 62 lakhs is Rs. __________ for normal individual 1739400 1736800 1997320 2000310
20 Rebate under section 87 A is maximum Rs. __________ 10000 12500 15000 20000
21 Rebate under section 87 A is applicable is income less than Rs. ______ 250000 500000 750000 300000