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.
Who was appointed Chairperson of the NSE Governing Board in 2025?
“Maitri Diwas or Friendship Day” is celebrated on which day to mark the day on which India recognised newly-formed Bangladesh in 1971.
How many tigers were recorded in India during the 2022 All India Tiger Estimation (AITE)?
Where is the world's first conservation and breeding centre for Asian king vultures being established?
The term “FLOPs” is often heard in the news. It corresponds to:
_________ State Government has launched the ‘Uttam Beej portal’ which will benefit the farmers of Haryana by providing quality seeds with tr...
What is the objective of the 'Krishnaveni Sangeetha Neerajanam' event inaugurated by Union Minister Nirmala Sitharaman in Vijayawada?
Which banks have received Authorized Dealer Category-I (AD-I) license from the Reserve Bank of India to deal in foreign exchange?
Which of the following is true about NHAI's plan to develop 10,000 km of 'Digital Highways' in India by 2025 ?
I . The project is aimed at provid...
________ has entered into a Memorandum of Understanding (MoU) with Nature Conservancy India Solutions Private Ltd (TNC India) to collaborate on research...