<Tr> <Td> (1) </Td> <Td> where the total income does not exceed Rs. 3, 00,000 </Td> <Td> No Tax </Td> </Tr> <Tr> <Td> (2) </Td> <Td> where the total income exceeds Rs. 3, 00,000 but does not exceed Rs. 5, 00,000 </Td> <Td> 5% </Td> </Tr> <Tr> <Td> (3) </Td> <Td> where the total income exceeds Rs. 5, 00,000 but does not exceed Rs. 10, 00,000 </Td> <Td> 20% </Td> </Tr> <Tr> <Td> (4) </Td> <Td> where the total income exceeds Rs. 10, 00,000 </Td> <Td> 30% </Td> </Tr>

Who launched income tax in india in 1860