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    <title>First Schedule</title>
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    <description>The schedule prescribes graduated income-tax rates and surcharge percentages for individuals, HUFs, firms, co-operative societies, local authorities and companies; sets distinct TDS rates and surcharges for residents, non-residents and companies on various income types; provides rates for calculating tax for salaries and advance tax purposes; and establishes detailed rules for computing net agricultural income, including applicable Income-tax Act provisions, special rules for tea growers, partner/member allocations, loss carry-forward/set-off conditions and assessment procedures.</description>
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    <pubDate>Wed, 01 Jan 2025 16:08:23 +0530</pubDate>
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      <pubDate>Wed, 01 Jan 2025 16:08:23 +0530</pubDate>
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