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<h1>Income Tax Rates and Deductions for 1965: Key Details on Salaries, Exports, and Manufacturing Under Sections 193-195</h1> For the assessment year starting April 1, 1965, income tax is charged at specified rates with applicable surcharges. Individuals with salary income and companies, excluding the Life Insurance Corporation of India, have specific tax calculation methods. Deductions are available for Indian companies and others exporting goods, with additional deductions for manufacturing industries exporting goods. Certain industries and goods are exempt from these deductions. Tax deductions under sections 193 to 195 follow specified rates. Definitions for terms like 'assessment year' and 'earned income' are provided, distinguishing between earned and unearned income.