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    FM proposes new income tax slabs

    0 to Rs 3 lakh - NIL

    Rs 3 lakh to 7 lakh - 5%,

    Rs 7 lakh to 10 lakh - 10%,

    Rs 10 lakh to 12 lakh - 15%,

    Rs 12 lakh to 15 lakh - 20%,

    Above Rs 15 lakh - 30%

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