A) Introduction of a two rate personal income tax schedule - 20% up to an income of Rs.4 lakh and 30% for income exceeding Rs.4 lakh. |
B) The general rate of depreciation for plant and machinery to be reduced to 15% from the existing level of 25%. |
C) Both (a) and (b) |
D) None of the above |
C) Both (a) and (b) |