https://www.taxtmi.com/acts?id=39557 Income-tax for the relevant assessment year is charged at First Schedule rates and increased by a surcharge calculated as provided; net agricultural income above the de minimis threshold is notionally aggregated for rate application with a specified computation method (aggregate tax minus tax on agricultural income increased by a basic amount), with adjusted thresholds for specified elder individuals. The section prescribes differentiated surcharge rates and caps across taxpayer classes, governs surcharge treatment for withholding, collection and advance tax, mandates a Health and Education Cess on tax plus surcharge, and supplies key definitions. en-us Tue, 30 Mar 2021 14:55:02 +0530 Thu, 01 Apr 2021 14:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39557 Income-tax for the relevant assessment year is charged at First Schedule rates and increased by a surcharge calculated as provided; net agricultural income above the de minimis threshold is notionally aggregated for rate application with a specified computation method (aggregate tax minus tax on agricultural income increased by a basic amount), with adjusted thresholds for specified elder individuals. The section prescribes differentiated surcharge rates and caps across taxpayer classes, governs surcharge treatment for withholding, collection and advance tax, mandates a Health and Education Cess on tax plus surcharge, and supplies key definitions. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 14:55:02 +0530 https://www.taxtmi.com/acts?id=39557