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salary income:
Rs65,000+15 percent of
Where the taxable income exceeds Rs2,500,000
05 the amount exceeding
but does not exceeds Rs4,000,000
Rs2,500,000
Rs290,000+20 percent of
Where the taxable income exceeds Rs4,000,000
06 the amount exceeding
but does not exceed Rs8,000,000
Rs.4,000,000
Rs1,090,000+25 percent of
07 Where the taxable income exceeds Rs8,000,000 the amount exceeding
Rs8,000,000
Provided that where the taxable income exceeds eight hundred thousand rupees
the minimum tax payable shall be two thousand rupees.