INCOME TAX RATE AND SERCHAGE UNDER 194C

[Asked by Guest]

WHAT IS THE CURRENT RATE OF INCOME TAX WITH SERCHARGE  IF ANY  FOR GOVERNMENT CONTRACT WORK  ?

[DR.MARIAPPAN GOVINDARAJAN]

Whether you want the rate prevailing on that date and also the current rate?

AI Summary

Tax deduction at source on contract payments: query seeks applicable income tax rate and surcharge for government contracts.
Inquiry on tax deduction at source for government contract payments under 194C, asking for the applicable income tax rate and any surcharge, and whether the rate should be stated as of the query date or the current date; forum reply requests clarification on the temporal reference.