Where taxable income exceeds Rs.2,500,000 but does not exceed Rs. 3,500,000: the tax rate is

A. Rs. 95,000 plus 17.5% of the amount exceeding Rs. 2,500,000

B. Rs. 195,000 plus 17.5% of the amount exceeding Rs. 2,500,000

C. Rs. 190,000 plus 17.5% of the amount exceeding Rs. 2,500,000

D. None 

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