Aop / private trust
This query is : Resolved
13 November 2015
What is the maximum marginal rate applicable to AOP and Private trust ?
Pls state the % rate for both AOP and Pvt Trust.
Thankyou.
13 November 2015
currently 30% is the maximum marginal rate. The wording was useful for revenue when the tax rates used to 40%, 50% and so on
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