|
Sl. No. |
Nature of income |
Section |
Rate of tax |
Section code in Software |
|
1 |
Tax on accumulated balance of recognised provident fund |
111 |
To be computed in accordance with rule 9(1) of Part A of fourth Schedule |
1 |
|
2 |
Short term capital gains |
111A |
10 |
1A |
|
3 |
Long term capital gains (with indexing) |
112 |
20 |
21 |
|
4 |
Long term capital gains (without indexing) |
112 |
10 |
22 |
|
5 |
Dividends, interest and income from units purchase in foreign currency |
115A(1)(a) |
20 |
5A1a |
|
6 |
Income from royalty or technical services where agreement entered between 313.1961 to 31.3.1976 in case of royalty and between 29.2.1964 and 31.3.1976, and agreement is approved by the Central Government. |
Paragraph EII of Part I of first schedule of Finance Act |
50 |
FA |
|
7 |
Income from royalty & technical services |
115A(1)(b) if agreement is entered on or before 31.5.1997 |
30 |
5A1b1 |
|
8 |
Income from royalty & technical services |
115A(1)(b) if agreement is entered on or after 31.5.1997 but before 1.6.2005 |
20 |
5A1b2 |
|
9 |
Income from royalty & technical services |
115A(1)(b)if agreement is on or after 1.6.2005 |
10 |
5A1b3 |
|
10 |
Income received in respect of units purchase in foreign currency by a off-shore fund |
115AB(1)(a) |
10 |
5AB1a |
|
11 |
Income by way of long-term capital gains arising from the transfer of units purchase in foreign currency by a off-shore fund |
115AB(1)(b) |
10 |
5AB1b |
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