WebFeb 17, 2024 · Local Authorities are to be taxed at the rate of 30%. Domestic Companies: Domestic Companies are to be taxed at the rate of 30% Income Tax Slab RateCo-operative Societies Also, Surcharge: 2% of the income tax amount (If income is greater than Rs.1,00,00,000/-) 5% of the income tax amount. WebApr 8, 2024 · Total Income Upto Rs. 50 lakh – No surcharge Total Income from Rs. 50 lakh to Rs. 1 crore – 10% of tax payable Total Income of Rs.1 crore and above – 15% of tax payable. In a case where surcharge is levied, EC of 2% and SHEC of 1% will be levied on the amount of income-tax plus surcharge.
Income-tax slab rates for Individual for FY 2024-19 (AY 2024-20)
WebLatest Income Tax Slab Rates for FY 2024-19 & AY 2024-20 - Hostbooks limited Know the complete income tax slab rates for the F.Y. 2024-20/A.Y. 2024-21. Nil for Up to Rs. … WebSurcharge: 10% of Income tax where total income exceed Rs. Fifty lacs but not more than one crore, 15% of Income tax where total income exceeds one crore rupees.( the … birthday presents for girls 13
Income-Tax Rates applicable for A.Y. 2024-19 and 2024-20 in case …
WebFeb 1, 2024 · Indian Finance Minister, Shri Arun Jaitley has tabled today, the Union General Budget 2024-19 in the Parliament. Below are the latest Income Tax Slab Rates for FY 2024-19 or AY 2024 -20.Kindly note that … WebMay 3, 2024 · A resident Individual whose Taxable Income does not exceed Rs. 3,50,000 (after deductions), is eligible for rebate of 100 % of Income-tax or Rs.2,500, whichever is lower. Rebate has been reduced from Rs.5000 to Rs.2500 from AY 2024-19. Surcharge on Income-tax. Rate of Surcharge applicable on Individual is as under: WebFeb 3, 2024 · A resident Individual whose Taxable Income does not exceed Rs. 3,50,000 (after deductions), is eligible for rebate of 100 % of Income-tax or Rs.2,500, whichever is … dan slayton superior court