2. Tax structure and tax slabs
Generally, income tax systems are progressive, meaning a high income earner has to pay a higher rate. Tax systems vary from country to country; however, often tax systems contain numerous tax slabs or brackets in them. In most of the countries, the individual is categorized under a specific tax bracket according to his annual income. For each slab, the ... https://www.fbsedu.in/static/js/main.59b6eaac.js:2:78753
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