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Marginal Relief

This document shows a tax calculation table with columns for income amount, normal tax, tax on 1 Cr of income, differential tax, normal surcharge, difference between income and differential tax, and surcharge. The table has rows calculating these values for incomes between 1.01 Cr to 1.05 Cr.

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rockyrr
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0% found this document useful (0 votes)
210 views2 pages

Marginal Relief

This document shows a tax calculation table with columns for income amount, normal tax, tax on 1 Cr of income, differential tax, normal surcharge, difference between income and differential tax, and surcharge. The table has rows calculating these values for incomes between 1.01 Cr to 1.05 Cr.

Uploaded by

rockyrr
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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(a)

(b)
(c)
(d)= (a-c)
(e)
(f)

Particulars
Income
Normal Tax
Tax on 1 Cr
Differential tax
Normal Surcharge
Difference between Income over 1 Cr and Differential Tax
Surcharge

1.01 Cr
10,100,000
3,030,000
3,000,000
30,000
151,500
70,000
70,000

1.02 Cr
10,200,000
3,060,000
3,000,000
60,000
153,000
140,000
140,000

Neutral
10,218,978
3,065,693
3,000,000
65,693
153,285
153,285
153,285

1.03 cr
10,300,000
3,090,000
3,000,000
90,000
154,500
210,000
154,500

1.04 cr
10,400,000
3,120,000
3,000,000
120,000
156,000
280,000
156,000

1.05 cr
10,500,000
3,150,000
3,000,000
150,000
157,500
350,000
157,500

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