We all well know that surcharge rates applicable to Individual/ HUF/ AOP/ BOI/Artificial juridical persons under Income Tax Law are:
Up to Rs. 50,00,000 - Nil
Rs. 50,00,001 to Rs. 1,00,00,000 - 10%
Rs. 1,00,00,001 to Rs. 2,00,00,000 - 15%
Rs. 2,00,00,001 to Rs. 5,00,00,000 - 25%
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