98) consider the following statements with regard to budget 2017-18. Identify the incorrect statement/s.

a) Existing rate of taxation for individual assesses between income of 2.5 lakhs to 5 lakhs reduced to 5% from the present rate of 10%.

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b) Surcharge of 10% of tax payable on categories of individuals whose annual taxable income is between 50 lakhs and 1 crore.

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c) Both

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d) None of the above

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Solution

The correct option is D d) None of the above
98 Ans D

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