Page 126 - DHC Budget Book 2021-22 Final

A. Individual & HUF
Total Income ≤ H 50 Lacs
[Surcharge: NIL; Cess: 4%]
Total Income > H 50 Lacs but ≤ H 1 Cr. [Surcharge: 10%; Cess: 4%]
Total Income > H 1 Cr but ≤ H 2 Crs. [Surcharge: 15%; Cess: 4%]
Total Income > H 2 Crs. but ≤ H 5 Crs. [Surcharge: 25%; Cess: 4%]
Total Income > H 5 Crs.
[Surcharge: 37%; Cess: 4%]
B. Firm
Total Income ≤ H 1 Cr.
[Surcharge: NIL; Cess: 4%]
Total Income > H 1 Cr.
[Surcharge: 12%; Cess: 4%]
C. Domestic Company#
Total Income ≤ H 1 Cr.
[Surcharge: NIL; Cess: 4%]
Total Income > H 1 Cr. but ≤ H 10 Crs. [Surcharge: 7%; Cess: 4%]
Total Income > H 10 Crs.
[Surcharge: 12%; Cess: 4%]
10.40%
11.44%
11.96%
13.00%
14.25%
10.40%
11.65%
10.40%
11.13%
11.65%
INDIA BUDGET 2021-22
Capital Gains
For individuals, HUF, AOP, BOI, Artificial Judicial Persons, Firms & Domestic Companies
Particulars
STCG
(on equity share, unit of equity oriented fund or unit of business trust subjected to STT) – u/s 111A @15% *
LTCG
(on equity share, unit of equity oriented fund or unit of business trust subjected to STT) – u/s 112A @10% [Exempted upto 1 lacs]
LTCG (on other assets) – u/s 112
with indexation @20%
for listed securities (other than units)/zero coupon bonds at the option$ of the assessee without indexation @10%
15.60%
10.40%
20.80%
17.16%
11.44%
22.88%
17.94%
11.96%
23.92%
17.94%^
11.96%^
26.00%
17.94%^
11.96%^
28.50%
15.60%
10.40%
20.80%
17.47%
11.65%
23.30%
15.60%
10.40%
20.80%
16.69%
11.13%
22.26%
17.47%
11.65%
23.30%
*STCG on other assets shall be taxable at applicable rates.
^In case of individual/HUF, income chargeable u/s 111A & 112A shall be subjected to maximum surcharge of 15%. #For companies opting for new tax regime u/s 115BAA & 115BAB, surcharge shall be levied @ 10%.
$ Indexation option not available on listed securities being bond or debentures.
124 Building a Resilient and Confident India