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Under the new tax regime in section 202(1) of the Income-tax Act, 2025, which applies unless the option…

The Table in section 202(1) of the Income-tax Act, 2025 applies to individuals, Hindu undivided families, associations of persons, bodies of individuals and artificial…

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Under the new tax regime in section 202(1) of the Income-tax Act, 2025, which applies unless the option under section 202(4) is exercised, a Hindu undivided family is taxed at a nil rate on total income

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Correct answer D

The Table in section 202(1) of the Income-tax Act, 2025 applies to individuals, Hindu undivided families, associations of persons, bodies of individuals and artificial juridical persons, and its first slab taxes total income "up to Rs. 4,00,000" at nil. Income from Rs. 4,00,001 to Rs. 8,00,000 is taxed at 5%, and the slabs rise to 30% on income above Rs. 24,00,000. This corresponds to section 115BAC of the repealed Income-tax Act, 1961.

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