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    <title>Rates of Income Tax</title>
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    <description>Section 2 charges income-tax for the assessment year beginning 1 April 2008 at rates in the First Schedule and requires that such tax, after rebate application, be increased by a surcharge calculated as provided. It prescribes special aggregation and subtraction mechanics for treating net agricultural income in rate computation with adjusted thresholds for women and seniors, requires surcharge additions for various categories (including specified heads, fringe benefits, withholding, collection and advance tax), mandates additional education cesses on tax plus surcharge, and supplies defined terms for application of the section.</description>
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