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    <description>Clause 2 sets income-tax rates for the assessment year 2013-14 and prescribes surcharge and education cesses. It details the computation method for including net agricultural income-aggregate total and agricultural income, compute tax on aggregate, compute tax on agricultural income increased by a notional exemption, subtract to obtain tax on total income-with higher notional thresholds for elderly residents. Part II fixes TDS rates on non-salary incomes including uniform treatment for certain royalties and fees for technical services and tiered surcharge additions for non-residents and foreign companies. Part III sets TDS on salaries, advance tax computation, surcharge bands, and imposes education cesses, with limited exemptions for domestic payees.</description>
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    <pubDate>Fri, 01 Mar 2013 17:02:34 +0530</pubDate>
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