2024 Tax Rates And Deductions Pdf Download. Hence, the maximum rate of surcharge on tax payable on such incomes shall be 15%. (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, 112a and 115ad (1) (b).

Rates for minimum alternate tax: (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, 112a and 115ad (1) (b).