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Thursday, July 23, 2020

Taxable income may define ‘creamy layer’

Amid the ruckus over its controversial proposal to include "salary" in determining "creamy layer" for OBCs, the government may change the income ceiling to exclude backwards from quota from "gross income" to "net taxable income". The shift will raise the income threshold for "creamy layer".

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ZRCnzU

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