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A slice of income between Rs 5,00,001 and Rs 7,50,000 attracts which 115BAC rate (AY 2021-22)?

A10 per cent
B5 per cent
C15 per cent
D20 per cent
Answer & Solution
Correct answer: A. 10 per cent
The second taxable band in the 115BAC table carries a 10 per cent rate.
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