As per the budget proposals of the Union Government for the
year 2003-04, how much income tax one has to pay (in terms
of the percentage of the taxable income) in the event of
his/her being in the slab of income over Rs.1.5 lakh annually?
1 10%
2 20%
3 30%
4 45%
Answer Posted / guest
(3) 30%
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