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Note: This writer is actually a CPA or tax professional. This article is for general information purposes, and might not be construed as tax points. Readers are strongly inspired to consult their tax professional regarding their personal tax situation.
3 A 3. All individuals devote tax @ 15.00 % of the income over first Rs. 4,00,000/-. No slabs, no deductions, no exemptions, no incentives and no allowances.No distinction in dynamics and source of income.
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