wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The salary/emoluments of which of the following is exempted from income tax?

A
The President
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
The Chief Justice of India
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
The Election Commissioner
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
None of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B The President
The President is the first citizen of the country and also the highest official. The salary and emoluments is decided by the President's (Emoluments and) Pensions Act, 1951 which was amended recently where the President's salary was hiked to five lakhs and is tax free.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Budget
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon