Current Affairs · Taxation

What was the basic income tax exemption limit for very senior citizens (individuals aged 80 years or above) for the financial year 2015-16?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Rs. 3.5 lakh
2Rs. 2.5 lakh
3Rs. 3 lakh
4Rs. 5 lakh✓

Correct answer

Rs. 5 lakh

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