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Highlights of Tax Proposals in Budget 2015-16



DIRECT TAXES 1. No Change to be made in Slab Rates of Income tax for Individuals, HUF, AOP, BOI and firms. 2. Corporate tax rate to reduce: Corporate tax rate to be rationalised. Earlier the Tax Rate was 30% of Income offered for Tax, the same is to be reduced to 25% of the inc
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