2 Views

Question : Sam has an income of 9 lakh rupees yearly. Which tax slab (new regime) of India is applicable for him as per the new regime Income Tax Slab Rates FY 2021-22?

Option 1: 15%

Option 2: 20%

Option 3: 5%

Option 4: 10%


Recommended : Get important details about BEL First Grade College, Bangalore. Download Brochure
Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: 15%


Solution : The correct answer is 15%.

If Sam has an income of 9 lakh Rs yearly, then a 15% tax will be applicable for him as per the new regime Income Tax Slab Rates FY 2021-22. According to the Tax Slab Rates FY 2021-22,  if someone has income between Rs 6 to 9 lakh, then he will have to pay 10% income tax, and if someone has income between rupees 9 to 12 lakh, then he will have to pay 15% income tax.

Compare Colleges

College Comparison based on Courses, Placement, Rank, Fee

Compare Now

Know More About

Related Questions

Parul University BBA Admissio...
Apply
India's youngest NAAC A++ accredited University | NIRF rank band 151-200 | 2200 Recruiters | 45.98 Lakhs Highest Package
UPES Dehradun | B.Com Admissi...
Apply
#41 in NIRF | 50 LPA Highest CTC, Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES Dehradun BA Admissions 2025
Apply
Ranked #46 amongst Universities in India by NIRF | Ranked #1 in Academic Reputation in India by QS World University Rankings
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships
Pearl Academy BBA 2025
Apply
No. 1 Design & Fashion Institute by ASSOCHAM, India Today, Outlook and The Week rankings
Chandigarh University BBA Adm...
Apply
NAAC A+ Accredited | Scholarships worth 170 CR
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books