BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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14.18 crore
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17.44 crore
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08.23 crore
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05.44 crore
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Detailed explanation-1: -The Finance Minister Jaitley introduced Standard Deduction of Rs. 40, 000 in Budget 2018, giving the salaried class something to rejoice about. It replaced the transport allowance Rs. 19200 and medical reimbursement of Rs. 15, 000 per annum. Interestingly, the provision of Standard Deduction was earlier available.
Detailed explanation-2: -During SFY 2017-2018, the tax department collected $76 billion from state-imposed taxes and fees as follows: personal income tax-$51.5 billion. state sales tax plus excise and user taxes-$15.7 billion. business taxes-$6.1 billion.
Detailed explanation-3: -1-Akshay Kumar The Actor is the highest taxpayer in the Industry, the Income Tax department also felicitated the actor with a certificate earlier this year.
Detailed explanation-4: -"So far, 6.85 crore tax returns for Assessment Year 2022-23 have been filed and we are hopeful that the number will increase till December 31, ” Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta has said. In the last fiscal (2021-22), which ended on March 31, 2022, 7.14 crore tax returns were filed.