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Let the initial income be x. The taxable income is 75% of x, and the tax rate is 18%. So, the tax paid initially is 0.135x. After the income increases by Rs. 9000, the new income is x+9000. The taxable income is 75% of this new amount, and the tax rate becomes 15%. So, the tax paid is 0.1125(x+9000). Since the tax paid in both cases is the same, we set up the equation: 0.135x=0.1125(x+9000) Solving for x, we find that the initial income is Rs. 45,000.
According to the Code on Industrial Relation 2020 the term “Wage” Includes?
I. Basic pay
II. ...
Where did Gandhiji put in his first major public appearance after returning from South Africa in 1915?
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The equivalent resistance between points A and B shown in the figure below:
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