https://www.taxtmi.com/acts?id=53778 Income-tax and advance tax for the tax year commencing 1 April 2026 are charged at scheduled rates with applicable Union surcharge. Agricultural income above the prescribed threshold is included only for determining the tax rate on total income, using an aggregate-income computation. Taxpayer-specific surcharge rules, caps for dividend and specified capital-gain income, and marginal relief apply to regular tax and advance tax. Tax deduction and collection mechanisms carry separate surcharge rules, particularly for non-residents. Tax and advance tax after surcharge are increased by Health and Education Cess, subject to stated exclusions. en-us Tue, 31 Mar 2026 15:14:02 +0530 Tue, 18 Aug 2026 14:39:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53778 Income-tax and advance tax for the tax year commencing 1 April 2026 are charged at scheduled rates with applicable Union surcharge. Agricultural income above the prescribed threshold is included only for determining the tax rate on total income, using an aggregate-income computation. Taxpayer-specific surcharge rules, caps for dividend and specified capital-gain income, and marginal relief apply to regular tax and advance tax. Tax deduction and collection mechanisms carry separate surcharge rules, particularly for non-residents. Tax and advance tax after surcharge are increased by Health and Education Cess, subject to stated exclusions. Act-Rules F. Acts / Amendment Acts Tue, 31 Mar 2026 15:14:02 +0530 https://www.taxtmi.com/acts?id=53778