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New surcharge rate of 10%

Others 944 views 5 replies

Hi,

I would like to know when the new surcharge rate of 10% proposed in the Union Budget of 2013 will be applicable from, is it applicable from 1st April 2013 or at a later date?

Replies (5)

ya,it is applicable from april-2013

Applicable from April 2013 ....

This surcharge of 10% is for the income of whole financial year, if the income of the assessee(not being a company) exceeds Rs. 1 crore. And this is applicable from Finan. Year 2013-14 onwards.

Yes it is appicable from 1-04-2013....

https://www.indiantaxupdates.com/2013/02/28/tds-rates-chart-for-fy-2013-14-assessment-year-2014-15/

 

 

Please try this: https://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx


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