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Income Tax Rates – AY 2021-22 (FY 2020-21)

In India, Income Tax (IT) is levied on the income of a taxable person based on pre-decided tax rates. Under the Income Tax Act, the word “Person’ can mean: Individual Hindu Undivided Family (HUF) Company Firm Association of Persons (AOP)/Body of Individuals (BOI) Local authority Every artificial juridical person not mentioned above. The rate of … Read moreIncome Tax Rates – AY 2021-22 (FY 2020-21)