Accountancy, asked by naveensaipuri, 5 months ago

what is the meaning of slab rate​

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Answered by Anonymous
18

Answer:

Tax laws divide taxpayers into different grouping as per their taxable income and levy income-tax at different rates. These grouping are called income-tax slabs. Basic tax exemption limit for an individual depends on her age and residential status.

Answered by rutujamohite28
2

Explanation:

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