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| *The Commerce Journal>>>India Taxes |
What is surcharge..? when it is charged..? |
What is surcharge..? when it is charged..? It is additional tax for special purpose like infrastructure, education et. Hi there, A surcharge is a charge for service. Only place I ever ran across it was in the Commissary in the service but they have it in some clubs. Surcharge is charges charged in addition to the original charges. Surcharge is nothing but another tax in indirect way. Now in Indian Income Tax we are having two taxes like that. surcharge is an additional rate of tax which will be payable if the net income of an assessee increases certain limit |
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