ilmscore | Prediction Details
"highest rate of surcharge which was 37 percent Now with with this new Amendment the surcharge is now going to be highest such as will remain at 25 So again now this will benefit home those who are into the highest income group so for them whatever it was 42 point something something now that will be reduced by almost three percent so this is again so I've written it here 42.74 percent to 39 this is going to be the highest rate of effective tax"
By CA Rachana Phadke Ranade | February 1, 2023 | Pending
From video
Budget Highlights 2023 | My Top 3 Picks | CA Rachana Ranade 00:04:53 - 00:05:25
Interpreted Prediction
The highest surcharge rate for high-income earners will be reduced from 37% to 25%, effectively lowering the top marginal tax rate from 42.74% to 39%.

Prediction Details

Topic
Taxation (High Income Earners)

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