CAF-2 · Chapter 12 · Question 1 of 15
To be classified as a "salaried individual" for the purpose of applying the relevant tax slab rates, what condition must be met regarding the person's income?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) B) The person's taxable salary income must exceed 75% of their total taxable income.
Explanation
A salaried taxpayer is defined as a taxpayer whose income chargeable under the head “salary” constitutes more than 75% of his taxable income.
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