Note- 1.
Following tax slabs will be applilcable-
1. No tax → 0 – 250000 Rs
.2. 10% → 250000 - 500000 Rs.
3. 20% → 500000 - 1000000 Rs.
4. 30% → <1000000 Rs.
Note-2.
Following tax slabs will be applilcable-
1. No tax → 0 – 250000 Rs.
2. 10% → 250000 - 500000 Rs.
3. 20% → 500000 - 1000000 Rs.
4. 30% → <1000000 Rs.
Babu, 56 years old has 5 crore black money. How much money (in crores) will he get after giving tax to the govt. and
penalty on it?
(a) 2.95
(b) 3.05
(c) 3.95
(d) 4.05
(e) 0.95
This has been asked in Question Paper
IBPS RRB Clerk Mains 2017
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