Medicare Income Limits 2024 Chart Pdf. Surcharge is levied if the taxable income exceeds rs 50 lakh under both the. Surcharge is levied on the total amount of income tax payable if the taxable income of a taxpayer exceeds specified limits.
The net tax receipts are estimated at โน25.83 lakh crore and the fiscal deficit is estimated at 4.9 per cent of gdp. Surcharge is levied on the total amount of income tax payable if the taxable income of a taxpayer exceeds specified limits.