Sri Rani is 71 years old last year his annual income was 15 lakh rupees what is his taxable income of the Year how much tax does he have to pay
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Range of Total Income
Up to Rs. 50 lakh More than Rs. 50 lakh but up to Rs. 1 crore More than Rs. 1 crore but up to Rs. 2 crore
Individual, HUF or Artificial Judicial Person
Nil 10% 15%
Nil 10% 15%
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