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Tax Limit for Salaried
by Charley Jacob on Feb 21, 2007 06:15 PM

Irrespective of limit on savings by an individual salaried person, the tax slabs should be nil tax for income upto 2 Lakh and 10% over & above of 2 Lakhs upto 4 lakhs and 20% from 4 Lakhs to 5 lakhs and 30% over and above 5 lakhs onwards.

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