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How is Indian personal income tax on ordinary slab-rated income classified under the default regime in…

Personal income tax is a direct tax on the individual’s income. Section 202 sets graduated marginal rates for ordinary slab-rated income under the default regime. The rate…

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How is Indian personal income tax on ordinary slab-rated income classified under the default regime in section 202 of the Income-tax Act, 2025?

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Answer and explanation

Correct answer C

Personal income tax is a direct tax on the individual’s income.

Section 202 sets graduated marginal rates for ordinary slab-rated income under the default regime. The rate structure is progressive.

Option feedback

Option A

The individual is liable on their income. The marginal rates increase across slabs.

Option B

The individual owes the tax on their own income. This is a direct tax.

Option C

The tax applies directly to the individual’s income, with graduated marginal rates under the default schedule.

Option D

The tax is charged directly on income and the default schedule has graduated rates.

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