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%

Question : According to Article 112 of the Constitution of India, the Union Budget for a year is called __________.

Option 1: Fiscal Budget

Option 2: Assessment Statement

Option 3: Annual Financial Statement

Option 4: Annual Budget Statement

Question : Which tax slab is applied in India if an Individual taxpayer’s annual taxable income is more than INR 15 lakh?

Option 1: 20%

Option 2: 30%

Option 3: 10%

Option 4: 40%

Question : The Charter Act of 1813 extended the East India Company's rule in India to another ____ years.

Option 1: 15

Option 2: 5

Option 3: 20

Option 4: 10

Question : The number of union territories in India is

Option 1: 5

Option 2: 8

Option 3: 9

Option 4: 6