https://www.taxtmi.com/acts?id=49900 First Schedule prescribes tiered income tax rates and class based surcharges for individuals, HUFs, AOPs, firms, local authorities, co operative societies and companies, including special rates for royalties and technical fees. Part II fixes rates for tax deduction at source by payee type and income category, with transitional distinctions for agreement dates and a surcharge on deducted tax (foreign companies excepted). Part III aligns salary withholding and advance tax computation with the principal rates while noting exclusions. Part IV provides rules for computing net agricultural income, presumptive percentages for specified crops, loss set off and carry forward mechanics, and Assessment Officer powers. en-us Tue, 25 Feb 2025 15:49:41 +0530 Tue, 25 Feb 2025 15:49:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49900 First Schedule prescribes tiered income tax rates and class based surcharges for individuals, HUFs, AOPs, firms, local authorities, co operative societies and companies, including special rates for royalties and technical fees. Part II fixes rates for tax deduction at source by payee type and income category, with transitional distinctions for agreement dates and a surcharge on deducted tax (foreign companies excepted). Part III aligns salary withholding and advance tax computation with the principal rates while noting exclusions. Part IV provides rules for computing net agricultural income, presumptive percentages for specified crops, loss set off and carry forward mechanics, and Assessment Officer powers. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 15:49:41 +0530 https://www.taxtmi.com/acts?id=49900