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  • What exemption limit for individual taxpayers was announc...
Multiple choice

What exemption limit for individual taxpayers was announced in the budget presented on February 28, 2011 in the Loksabha?

  1. Up to Rs. 1.8 lakh

  2. Up to Rs. 1.6 lakh

  3. Up to Rs. 1.5 lakh

  4. Up to Rs. 1 lakh

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The exemption limit for individual taxpayers was raised from Rs. 1.6 lakh to Rs. 1.8 lakh.

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