Advanced LevellegalSingle Choice

At what income level do you need to pay income tax in India?

Answer Options:

A

Only business income is taxable, salary is not

B

No income tax for people under 25 years

C

Annual income above ₹2.5 lakhs under new tax regime

D

Income tax starts from first rupee earned

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This question is part of our comprehensive financial literacy quizzes designed for Indian teens.