A Chronology of Income Tax Since 1950s ; Upset with Your Income Tax Deductions? Then How About Going Back to 1973-74, When the Effective Rate at the Top Was 97.5 Per Cent and There Were 11 Rate Slabs?

Business TodayJuly 08, 2009

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Upset with your income tax deductions? Then how about going back to 1973-74, when the effective rate at the top was 97.5 per cent and there were 11 rate slabs?

1950s

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A Chronology of Income Tax Since 1950s ; Upset with Your Income Tax Deductions? Then How About Going Back to 1973-74, When the Effective Rate at the Top Was 97.5 Per Cent and There Were 11 Rate Slabs?

Maximum rate of income tax reduced from 5 annas to 4 annas. Wealth tax ...

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