Maximum Marginal Rate

Direct Taxation

Highest Rate 30% (30) Surcharge 37% (11.10) HEC 4% (1.64) MMR = 42.74 How are the values 30, 11.10 & 1.64 derived?

Swetha S

CA Inter

★ 15K+

14-Mar-22 12:50

617

Answers (3)

30*37%=11.10 and add that to 30 which gives 41.1 and 41.1*4%=1.64 and later u add this to 41.1+1.644=42.744%

SURYA S

CA Final

★ 240

14-Mar-22 14:33

SURYA S

30*37%=11.10 and add that to 30 which gives 41.1 and 41.1*4%=1.64 and later u add this to 41.1+1.644=42.744%

Thank you

Thread Starter

Swetha S

CA Inter

★ 15K+

14-Mar-22 15:39

SURYA S

30*37%=11.10 and add that to 30 which gives 41.1 and 41.1*4%=1.64 and later u add this to 41.1+1.644=42.744%

Highest slab rate + surcharge + health and educational cess

Purushotham Reddy

CA Inter

★ 1K+

14-Mar-22 21:56