# incomeabove12lakh
1 posts in `incomeabove12lakh` tag
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Understanding Marginal Relief in Income Tax for Income Above 12 Lakh
This blog explores the Indian income tax system's marginal relief idea and explains how it helps taxpayers with earnings over 12 lakh. The blog illustrates how marginal relief lowers the tax due, guaranteeing equity and avoiding excessive tax increases, using the example of a 12,10,000 income. In order to demonstrate how this clause upholds a just and equitable tax system, the blog also provides instances of other income categories that are impacted by marginal relief.
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By Krishna
