TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Act, 1973: Income Tax and Surcharge Rates for Individuals, Families, Firms, and Companies Explained</h1> The Finance Act, 1973 outlines income tax rates and surcharges for various entities, including individuals, Hindu undivided families, firms, co-operative societies, local authorities, and companies. Tax rates vary based on income levels, with specific provisions for surcharges. For individuals and Hindu undivided families, tax rates range from nil for incomes up to Rs. 5,000 to 85% for incomes exceeding Rs. 2,00,000. Companies face different rates depending on their public interest status and income type. The Act also details rules for computing net agricultural income, including deductions for state taxes on agricultural income and procedures for loss offsetting and assessment.
TaxTMI 
TaxTMI 
