Normal Income Tax Slabs/ Rates for NRIs, HUFs, AOP, BOI, AJP (AY 2023-24)
Income tax rates/slabs applicable for NRIs, HUFs, AOPs, BOIs, and AJPs, in respect of AY 2023-24, along with rates of surcharge, HEC, AMT, etc..
Tag: AJP
Health and Education Cess Rates under Income Tax (AY 2023-24)
Explore about the Health and Education Cess Rates applicable under the Income Tax in respect of AY 2023-24 for all types of assessees and taxation schemes.
New Regime Income Tax Slabs/ Rates (AY 2023-24)
Explore the rates of income tax, surcharge, HEC under new tax regime for Individuals, HUFs, AOPs, BOIs & AJPs in respect of AY 2023-24/2024-25.
Surcharge Rates on Income Tax for AY 2023-24
Surcharge on income tax is payable if taxable income of a taxpayer exceeds a specified threshold limit during the AY 2023-24, like Rs 50 lacs in the case of …
Alternate Minimum Tax (AMT) for Non-corporate Taxpayers (AY 2023-24)
Explore the concept of Alternate Minimum Tax (AMT) applicable to non-corporate taxpayers benefiting from deductions and exemptions from the perspective of provisions for AY 2023-24.
Who is a ‘Person’ under S. 2(31) of Income Tax Act in India
Find out what constitutes a 'person' under Section 2(31) of the Income Tax Act in India and what it means for tax purposes.
Marginal Relief from Surcharge on Income Tax: AY 2022-23
For AY 2022–23, assessees can claim marginal relief from the surcharge on income tax to mitigate the effect of the additional tax burden that is over and above the …