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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%

Is This Answer Correct ?    1 Yes 1 No



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