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  • Tax Rate

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    magardiwakar36
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    The document discusses India's progressive tax rate system, which has five slabs of 1%, 10%, 20%, 30%, and 36% applied to different levels of income. It also addresses tax residency, noting that an individual is considered a tax resident if they stay in India for more than 183 days and considered a non-resident if they stay less than 183 days, with non-residents paying a flat tax rate of 25%.

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    tax rate

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    The document discusses India's progressive tax rate system, which has five slabs of 1%, 10%, 20%, 30%, and 36% applied to different levels of income. It also addresses tax residency, noting that an individual is considered a tax resident if they stay in India for more than 183 days and considered a non-resident if they stay less than 183 days, with non-residents paying a flat tax rate of 25%.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    4 views1 page

    Tax Rate

    Uploaded by

    magardiwakar36
    The document discusses India's progressive tax rate system, which has five slabs of 1%, 10%, 20%, 30%, and 36% applied to different levels of income. It also addresses tax residency, noting that an individual is considered a tax resident if they stay in India for more than 183 days and considered a non-resident if they stay less than 183 days, with non-residents paying a flat tax rate of 25%.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    tax rate

    employment slab?
    progressive tax rate system
    1%,10%,20%,30%,36%
    residence
    >183staydays
    below 183days
    non residence
    25% of flat rate

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