https://www.taxtmi.com/acts?id=45832 Income tax for the assessment year is charged at First Schedule rates with surcharge where applicable; tax on salary income in a non-corporate assessee's total income is apportioned by proportionate tax, and companies (excluding the Life Insurance Corporation) with life insurance profits compute tax as the aggregate of tax on those profits at the Corporation rate and tax on the remainder at the company rate. Export-related tax deductions are granted to qualifying Indian companies and exporters (subject to exclusions and a cap not to exceed tax payable), withholding is at Part II rates, and key definitions, including earned income, are prescribed. en-us Wed, 04 Dec 2024 16:15:53 +0530 Wed, 04 Dec 2024 16:15:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45832 Income tax for the assessment year is charged at First Schedule rates with surcharge where applicable; tax on salary income in a non-corporate assessee's total income is apportioned by proportionate tax, and companies (excluding the Life Insurance Corporation) with life insurance profits compute tax as the aggregate of tax on those profits at the Corporation rate and tax on the remainder at the company rate. Export-related tax deductions are granted to qualifying Indian companies and exporters (subject to exclusions and a cap not to exceed tax payable), withholding is at Part II rates, and key definitions, including earned income, are prescribed. Act-Rules F. Acts / Amendment Acts Wed, 04 Dec 2024 16:15:53 +0530 https://www.taxtmi.com/acts?id=45832