Full Income Tax Rebate u/s 87A for Individuals AY 2022-23: Income upto 5 Lacs
Section 87A of the Income Tax Act, 1961, provides for a 100% tax rebate if the income tax liability is up to Rs. 12,500 in respect of AY 2022-23 …
Tag: Tax Slabs / Rates
Surcharge Rates on Income Tax: AY 2022-23
Surcharge on income tax is payable if taxable income of a taxpayer exceeds a specified threshold limit during the AY 2022–23, i.e., Rs. 50 lacs in the case of …