Income tax slab rate FY 2020-21

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ca student
296 Points Posted on 12 March 2021
Slab rate for FY 2020-21 ?
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On 12 March 2021 at 17:39 Report
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This discussion seeks clarification on the income tax slab rates for the financial year 2020-21, specifically asking if they remain the same as FY 2019-20 under the old tax scheme. It also includes a specific query about the tax liability on an annual profit of £7 lakhs.

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17269 Points Posted on 12 March 2021
Same as in FY 2019-2020 old scheme of taxation
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On 12 March 2021 at 21:09
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2 Points Posted on 22 March 2021
7lakhs profit in year then how much I have to be pay Tax
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On 22 March 2021 at 13:50

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