Putting an end to another rumour which is being widely spread among the salaried class about their income tax being raised to 45%, which is absolute misleading and inaccurate. The first and foremost factor is that the 45% Tax Slab is non-existent and the highest tax slab is 35%. If the annual income is 1 Crore, then 30% Tax is applicable.

As a nation we cannot be distracted by fake news and the only solution to this false propaganda is through accurate information. Be Wise and #KnowYourBudget

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