|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
The super rich tax on those earning at least Rs 10 crore a year is likely to become part of the statute. The Cabinet may take up amendments to the Direct Taxes Bill, 2011 on Thursday.
The amendments include imposing 35% tax on those having an income of Rs 10 crore or more in a year. In the Budget for 2013-14, Finance Minister P Chidambaram had imposed surcharge of ten% on those earning at least Rs one crore in a year.
However, the slabs suggested by the standing committee may not be incorporated as it is.