Income is more than 5 crore but they have taken 25% instead of 37% why??

Sidhireddi · 2 Feb 2024

That income including LTCG, then separate that income, then after that income more than 5 crore have taken 37℅.

Kashish · 29 Jan 2024

And in optional regime i.e. old highest rate of surcharge is 37%at TI>5CR

Kashish · 29 Jan 2024

In default tax regime i.e. new regime highest rate of surcharge is 25%at TI >2cr

Venu · 29 Jan 2024

In DTR max tax rate is 25% ie above 2cr you should take 25 %

SHAMIYA · 29 Jan 2024

Bcoz in default tax regime the maximum surcharge rate above 2cr is 25%

amruthasatheeshp · 29 Jan 2024

Its optional regime