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Who Will Pay Income Tax in Law – Lawkidunya

Any person under the age of 60 who earns more than Rs 2.5 lakh is required to pay income tax.

How is VAT Calculated as per Law

VAT calculation examples as per law are that, you must add 20% to the price you charge for the goods or service. You can do this by multiplying the price you charge by 1.2.

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