Here is the easy way to understand present income tax!!
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Budget Tax impact |
As you all know that most of us get benefited by government
decision to lower tax rate to 5% for Income bracket 2.5 to 5 Lakh. In order to
do that government imposed additional surcharge for those Income Bracket is 50 Lakh and
more.
This is nothing but taking money from super rich people and giving to
middle class people. Here is the simple method to understand Personal Income Tax.
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Tax Slab 2017 - 18 |
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