What is slab rate and flat rate?

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Una Marvin asked a question: What is slab rate and flat rate?
Asked By: Una Marvin
Date created: Fri, Oct 8, 2021 9:25 AM
Date updated: Tue, Jun 21, 2022 8:27 PM

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Top best answers to the question «What is slab rate and flat rate»

25 March 2015 When there is different rate for different levels of Income it is called slab rate when rates are same irrespective of level of Income it is called flat rate. Slab Rate Example= Income Tax on Individual. Flat rate Example= Income Tax on Capital gain, Corporate tax etc.

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