surcharge
mahaesh (Bangalore ) (113 Points)
06 September 2018
why surcharge is levied on tax isn't it tax on tax? and why govt. is collecting it?
3 Replies
YOGITA SINGH
(32 Points)
Replied 07 September 2018
In certain cases double tax exist in direct tax....however it does not exist in a great extent. And the government is collecting it to reduce the gap between rich and poor people.
YOGITA SINGH
(32 Points)
Replied 07 September 2018
just to reduce the gap between rich and poor people....... just think that the people with income less than 50 lakhs are paying cess but not surcharge and imagine if the people of more than 50 lakhs are simply paying only cess than what will be the difference between rich and poor people...... so to prevent hardship with the poor or middle class people........ surcharge is levied......
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