HR, Payroll, Attendance Software › Forums › Lenvica HRMS › Ask a Question › Calculate Surcharge › Re: Calculate Surcharge

muneer
Member
March 28, 2017 at 03:29
Post count: 78
#20267

Hi Rahulji,

We are working on it. You will get an update on this April first.

2017 Onwards: If Taxable Income is between 50L and 1 Cr, Surchage is 10% of income tax.

15% of income tax, where total income exceeds 1 Cr.

These are the changes in surcharge.

If any corrections, write with us.

Thanks.