https://www.taxtmi.com/acts?id=21126 Section 2 of the Finance Act, 2016 fixes that income-tax is charged at rates in the First Schedule and increased by a surcharge as prescribed; where special charging provisions in other chapters or sections of the Income-tax Act apply, tax is determined under those provisions with reference to the rates and surcharge rules in this section. It prescribes aggregation and exclusion rules for net agricultural income for computing tax and advance tax, sets out specific surcharge calculation rules for various taxpayer classes and situations, and requires additional education-related cesses on tax plus surcharge, with defined exceptions and relevant term definitions. en-us Fri, 06 May 2016 16:17:59 +0530 Wed, 03 May 2017 12:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21126 Section 2 of the Finance Act, 2016 fixes that income-tax is charged at rates in the First Schedule and increased by a surcharge as prescribed; where special charging provisions in other chapters or sections of the Income-tax Act apply, tax is determined under those provisions with reference to the rates and surcharge rules in this section. It prescribes aggregation and exclusion rules for net agricultural income for computing tax and advance tax, sets out specific surcharge calculation rules for various taxpayer classes and situations, and requires additional education-related cesses on tax plus surcharge, with defined exceptions and relevant term definitions. Act-Rules F. Acts / Amendment Acts Fri, 06 May 2016 16:17:59 +0530 https://www.taxtmi.com/acts?id=21126