Tax Slabs

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In India, every individual is charged with income tax on the total income each year. This tax is applied to specific ranges of income, which are called income tax slabs. The slabs of income tax keep changing from year to year. This fiscal year (2020-21), the tax slabs and their respective tax rates are as follows: Total income (in rupees) Tax rate up to Rs. 250,000 0% from Rs. 250,001 to

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