What Is Taxable Capacity?


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mudunuri satyanarayana Raju Profile
I think that the question is not correct. In India individuals were given some threthresholdsold limit of Income . If exceeds an individual will be obligation to pay taxes as per specified rates. For example for assessment yr 2009-10 the exemption limits are as follows.
Men Rs 1,50,000
Women Rs 1,80,000
Senior citizen Rs 2,25,000
(Aged above 65yrs)

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