Income tax surcharge rate for FY 2016-17 and computation method
The Finance Act 2016, Added new rate of Income tax surcharge for the Financial Year 2016-17.The tax ( surcharge) rate is different for different categories of tax payers.There is a big rate difference¬†when comparing individuals with Dmestic & Foreign Companies because, a higher rate of income tax already been declared for Domestic companies & Companies… (1 comment)