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SayPro What is the income tax slab for 22?
The income tax slab for 22 is a question every taxpayer is confused about. From the government’s side, it seems like it is just another way of adding confusion to the simple questions like ‘what’s the meaning of life’?
There are multiple options on what makes you eligible for that particular slab, but if someone asks you about your own answer, then what would you say? You have to have an opinion regarding this because it holds an important factor in your taxation. So why not share with others?
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The time has come to pay taxes! But that doesn’t mean you should be tax-fooling now. Instead, put your brains to work and figure out what income tax slab for 22 is the most beneficial for you. Maybe you’re in a higher tax bracket, or maybe you just have a simpler financial life than others. Either way, make an informed decision by knowing the income tax slab for 22!
There’s no need to guess anymore! This sheet will tell you exactly what income tax slab 22 comprises! In case you want to know, the tax percentage for a person earning more than Rs. 1 crore is 22%. So next time someone calls you rich, feel proud!
No matter how great life gets, there is always a certain tax slab that has to be paid every year. This is surely true for the residents of the country! Whether it’s income taxes or excise taxes, we all have to pay our share of tax in some form or another. So what’s the income tax slab for 22? Let us tell you!
This year, the income tax slab for a person who files his/her taxes online is 22%. This means that if a person has filed his/ her taxes through an e-filing portal and has claimed exemption from Income Tax under Section 80C as per Income Tax Act, then he/she will have to pay surcharge on Rs 50 lakh (pre-demonetization) in addition to regular tax and penalty. In simpler terms, if you haven’t filed your taxes online yet, then now’s the time to do so!
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