https://www.taxtmi.com/acts?id=48423 Clause 2 prescribes income tax rates for the assessment year 2025-26 as set out in the First Schedule, adds prescribed surcharges in specified cases, applies special chapters and sections where relevant, and sets aggregation and computation rules for net agricultural income when above the de minimis threshold. It also specifies surcharge treatment for deduction and collection at source and advance tax, and mandates a further four per cent Health and Education Cess on the tax and surcharge. en-us Sat, 01 Feb 2025 14:27:23 +0530 Sat, 01 Feb 2025 14:27:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48423 Clause 2 prescribes income tax rates for the assessment year 2025-26 as set out in the First Schedule, adds prescribed surcharges in specified cases, applies special chapters and sections where relevant, and sets aggregation and computation rules for net agricultural income when above the de minimis threshold. It also specifies surcharge treatment for deduction and collection at source and advance tax, and mandates a further four per cent Health and Education Cess on the tax and surcharge. Act-Rules Bills Sat, 01 Feb 2025 14:27:23 +0530 https://www.taxtmi.com/acts?id=48423