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<h1>Finance Act 2019: Income Tax Rates, Surcharges, and Cess Details for Various Income Brackets, Including Senior Citizens.</h1> The Finance (No. 2) Act, 2019 outlines the rates of income tax for the assessment year starting April 1, 2019. It specifies tax rates, surcharges, and conditions for various income brackets, including provisions for net agricultural income and special rates for senior citizens. Tax surcharges apply to individuals, Hindu undivided families, companies, and other entities, with specific rates for different income levels. The Act also mandates a Health and Education Cess of 4% on income tax and surcharge, aiming to fund health and education services. Definitions for terms like 'domestic company' and 'net agricultural income' are provided.