Multiple choice

Directions: Choose the correct option for the given question.

In 2008-09 budget proposals, income tax exemption limit for women has been hiked to

  1. Rs. 1,65,000

  2. Rs. 1,75,000

  3. Rs. 1,80,000

  4. Rs. 1,85,000

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

The 2008-09 budget proposals raised the income tax exemption limit for women to Rs. 1,80,000. This was part of a broader effort to provide tax relief to women taxpayers and encourage greater workforce participation.