Question
The highest surcharge rate of 37% on income above 5
crores shall be reduced to ______ % under the new tax regime?Solution
The FM has proposed to reduce the highest surcharge rate on income above 5 crores from 37% to 25%, which will reduce the Maximum Marginal rate of Tax from 42.74% to 39% of income.
Which article of the Indian Constitution pertains to elections for filling a vacancy in the office of President and terms for such elections?
The Buxa Tiger Reserve (BTR) is located in _____________.Â
As soon as a train starts moving, the head of a person sitting in it transcends backwards. The cause of it is-
The Indian Express was started by whom?
In which city was the Men’s Asian Hockey Champions Trophy 2024 held from 8 to 17 September?Â
The India-UK Infrastructure Financing Bridge (UKIIFB) aims to boost collaboration in what sector?
By 2024, how many houses had been completed under the PMAY-Gramin scheme, according to the Ministry of Rural Development?
Which country is the largest milk producer in the world?
Rajasthan is the largest producer of which crop?
In which of the following Indian currency notes the Chariot of Hampi (Karnataka) is inscribed?