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?
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New surcharge rate of 10%
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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.
Please try this:
https://law.incometaxindia.gov.in/DIT/Xtras/taxcalc.aspx
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