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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%


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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.

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