BLOG on Income Tax Management for - AY 2022-23 & 2023-24

Surcharge : on Minimum Alternate Tax (MAT) / Alternate Minimum Tax (AMT)

If Total Income is in the range of >>>	0— Rs 50 lakh	Rs. 50 lakh- 1 Crore	Rs. 1 Crore Rs. 10 Crore	Above Rs. 10 Crare
- Individuals/HUF/AOP/BOI/ Artificial Juridical Person	Nil	10%	15%	15%
- Firm/Co-Operative Society / Local Authority	Nil	Nil	12%	12%
- Domestic Company	Nil	Nil	7%	12%
- Foreign Company	Nil	Nil	2%	5%

Note :

The above surcharge is subject to a Marginal Relief

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