When income of a man increased by 6000, tax rate 18% reduced to 15% while in both situation 25% income is tax free?
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On the April 1,2005 my salary increased from Rs.10,000 to Rs.16,000. Simultaneously the rate of income tax decreasedby 37.5%, So the amount of income tax paid by me remains constant what is the value of income tax paid by me :
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