How a 10% surcharge can swallow up to 70% of your income above ā¹50 lakh
[ad_1] The concept of a surcharge is simple ā itās an extra tax on your total tax liability if your income exceeds ā¹50 lakh. Under the new tax regime, the surcharge is 10% for taxable income above ā¹50 lakh up to ā¹1 crore, 15% for taxable income above ā¹1 crore up to ā¹2 crore, and…
