The rate of income tax is reduced to 12\frac{1}{2}\% from 16%. If a person has taxable income of Rs. 2,40,000 then the tax benefit (in rupees) is:

TS Police SI Prelims 2018 Paper

Question : 54 of 200

Marks: +1, -0

The rate of income tax is reduced to

12\;{1}/{2}\%

from 16%. If a person has taxable income of Rs. 2,40,000 then the tax benefit (in rupees) is:

Go to Question:

Prev Question

Next Question