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What Is Taxable Capacity?

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    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)
    0 0

    Satyaki  

    answered 5 months ago

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