The income tax category is a discussion on income tax slab Rates, due dates, ITR forms, income sources, income tax deductions, return filing and a lot more.
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What is income tax rates and surcharge of Private limited company ?
Each type of income has specific rules, exemptions, and tax calculation methods.
Mutual Funds Redemption - NRIs in the ITR-2 where should be filled. Schedule 112A or Schedule 115AD(1) (iii). Both are same but in 115AD it is mentioned for Non-Residents. Kindly advice
2 posts were merged into an existing topic: Capital gains or Intraday? Classifying your market activity for income tax
It depends on your turnover, you can opted for Section 115BAA (New Regime) - 22% (plus applicable cess and surcharge).
Normal Rate at 25% + 7% surcharge + 4% cess (26.00% (approx.)) “Effective Tax Rate”