Passive Income Tax Rate 2024 Pdf. (1) the enhanced surcharge of 25% & 37%, as the case may be, is not levied, on dividend income or income chargeable to tax under sections 111a, 112,. This rate chart covers amendment by finance act 2024 and covers following:

Beginning this year, the standard deduction for salaried workers who wish to take part in the new tax regime will be increased from rs. Section 194h of the income tax act mandates tds on income earned through commission or brokerage paid to a resident.