Charge of tax and surcharge

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Full Text of the Document

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....h undisclosed income. (2) The amount of tax chargeable under sub-section (1) shall be increased by a surcharge, for the purposes of the Union, to be called the Krishi Kalyan Cess on tax calculated at the rate of twenty-five per cent. of such tax so as to fulfil the commitment of the Government for the welfare of the farmers. - Clauses 178 to 196 of the Bill seeks to insert a new Chapter IX....