Question

Under the Income-tax Act, 2025, a newly defined tax slab of 25% has been introduced. Which income bracket does this 25% rate apply to?

A ₹12,00,001 to ₹15,00,000
B ₹15,00,001 to ₹20,00,000
C ₹16,00,001 to ₹20,00,000
D ₹20,00,001 to ₹24,00,000
E Above ₹24,00,000
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