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Revision as of 20:49, 12 May 2026


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During is the fact Depression and World War II, the top income tax rate rose again, reaching 91% during the war; this top rate remained basically until '64.

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3 A 3. All individuals invest 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 the nature and income source.

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