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If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your earnings tax bill is those approximately three thousand dollars.
3 A 3. All individuals invest tax @ 15.00 % of revenue over first Rs. 4,00,000/-. No slabs, no deductions, no exemptions, no incentives and no allowances.No distinction in the nature and transfer pricing source of income.
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