The Budget proposals also seek to provide relief to salaried tax payer – McqOptions

MCQOPTIONS

1.	The Budget proposals also seek to provide relief to salaried tax payers by allowing a standard deduction ofÂ what amount in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses?
A.	Rs. 20,000
B.	Rs. 40,000
C.	Rs. 50,000
D.	Rs. 80,000
Answer» C. Rs. 50,000

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