Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Act 2009 Sets Tax Rates, Surcharges, and Deductions; Special Provisions for Women and Seniors</h1> The Finance (No. 2) Act, 2009 outlines the rates of income tax for the assessment year starting April 1, 2009. It specifies tax rates, including surcharges, based on income levels and categories such as individuals, companies, and firms. Special provisions apply to agricultural income, with different thresholds for women and senior citizens. The Act also addresses tax deductions and collections, including surcharges for various income types and entities. Additional surcharges, termed 'Education Cess' and 'Secondary and Higher Education Cess,' are levied to support education funding. Definitions for terms like 'domestic company' and 'net agricultural income' are provided.