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Previous year MCQs
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Current Affairs
UPPSC 2005 GS-I
Question
As per the Union Budget 2005-2006, the senior citizens have not to pay income tax upto an income of
A)
Rs. 1.00 lakh
B)
Rs. 1.50 lakh
C)
Rs. 1.85 lakh
D)
Rs. 2.00 lakh
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Answer & Solution
Answer:
(Detailed Solution Below)
Option C:
Rs. 1.85 lakh
Detailed Solution:
The correct answer is
“Rs. 1.85 lakh”.
As per the Union Budget 2005-2006, senior citizens were not required to pay income tax up to an income of Rs. 1.85 lakh (3).
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