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Filing an income tax return is something that rolls around once a year so keeping lets start on requirements and guidelines is key into a successful season. Regardless if you are just getting started or in the midst of the process a number of 10 things you should know about taxation.

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3 A 3. All individuals to pay 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 income source.

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