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<h1>Finance Bill 2014: Income Tax Rates for Individuals, Companies, and Societies with Surcharges on High Incomes</h1> The Finance (No. 2) Bill, 2014 outlines income tax rates and surcharges for various entities. For individuals, tax rates vary based on income and age, with exemptions and progressive rates up to 30% for incomes over 10,00,000. Surcharges apply for incomes exceeding 1 crore. Co-operative societies, firms, and local authorities face a flat 30% tax rate with a 10% surcharge for incomes over 1 crore. Domestic companies are taxed at 30%, while foreign companies face higher rates on specific income types. Tax Deducted at Source (TDS) rates are specified for different income categories, with surcharges applicable in certain cases. Agricultural income is computed with specific rules for income from tea, rubber, and coffee.