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B) Interest earned, despite the fact that paid, throughout a bond year, must be accrued at the conclusion of the bond year and reported as taxable income for the calendar year in the fact that bond year ends.
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3 A 3. All individuals to pay for tax @ 15.00 % of salary over first Rs. 4,00,000/-. No slabs, no deductions, no exemptions, no incentives and no allowances.No distinction in dynamics and income source.
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