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Bonanza Time

Impact Of Levy Of Surcharge On Individuals, HUFs

Total income (Rs)
Existing tax liability (Rs)
New Tax liability (Rs)
Additional liability (Rs)
Additional Tax
50,000
Nil
Nil
Nil
Nil
75,000
4,200
4,000
-200
-4.6
1,50,000
19,950
19,000
-950
-4.76
3,00,000
67,200
64,000
-3,200
-4.76
5,00,000
1,30,200
1,24,000
-6,200
-4.76
10,00,000
2,87,700
3,01,400
13,700
4. 76
25,00,000
7,60,200
7,96,400
36,700
4.76
1,00,00,000
31,22,700
32,71,400
1,48,700
4.76

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