Income Tax Budget 2024: Where do India’s tax rates stand vis-à-vis developed nations like US, UK & Australia? Check here
The Government of India levies income tax at slab rates ranging between 0 and 30 per cent with a surcharge (up to 25 per cent) in addition to levying a 4 per cent health and education cess. Effectively, the maximum rate of income tax on the highest income bracket stands at 39 per cent now. … Read more