Hello every one. finally the Direct Tax Code that was open for public discussion passed in Loksabha. During monsoon season it will be presented in Rajyasabha.
As per the new tax scheme following are the tax slab for citizens
Upto Rs.200000/- No tax
Rs. 200000-500000 10%
Rs.500000-1000000 20%
Rs.1000000 & above 30%
the corporate tax has been kept at 30%.
Do you have any querries....??
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