The Current tax rate in country is 42.74%, among the highest in world#Budget23 proposes to reduce the highest surcharge rate from 37% to 25% in the new Tax regime
This will result in the reduction of the maximum tax rate to 39%: Finance Minister @nsitharaman#AmritKaalBudget pic.twitter.com/ugQECCslys— PIB India (@PIB_India) February 1, 2023
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