Q. What is the present Personal Income Tax exemption limit for male individuals below 60 years of age & HUF (FY 2015-16)?
A) Rs. 3 lakhs
B) Rs. 2.5 lakhs
C) Rs. 4 lakhs
D) Rs. 1.5 lakhs
โ Correct Answer: Rs. 2.5 lakhs
Exam Insight
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A) Rs. 3 lakhs
B) Rs. 2.5 lakhs
C) Rs. 4 lakhs
D) Rs. 1.5 lakhs
โ Correct Answer: Rs. 2.5 lakhs
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