alleryStart learning →Under the AY 2021-22 text of 115BAC, which rate applies from Rs 2,50,001 to Rs 5,00,000?
A2 per cent
B10 per cent
C20 per cent
D5 per cent
Answer & Solution
Correct answer: D. 5 per cent
The first taxable band in the 115BAC table carries a 5 per cent rate.
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